duck
Member of DD Central
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Post by duck on Apr 26, 2023 9:02:58 GMT
I am starting this thread here in addition to the existing thread on the Collateral forum for a simple reason, not every P2P investor invested in Collateral but the conduct and outcome of this trial will have an effect on the outcome for all P2P platforms that have 'hit problems' where investigations are involved. Our own Mousey has been raising funds to provide the coverage but checking his site it appears that only the first 2 weeks of the trial will be covered simply due to lack of funding. The trial is scheduled to last for 4-6 weeks. If this happens and coverage stops we will probably never know the devil in the detail* that will apply not only to Collateral but will also be very good pointers to the other platforms. We cannot expect journalists to provide coverage free of charge, they have to live just as we do. So please, if you can, contribute to the fund raising so that coverage can continue even if you were not a Collateral investor. *The cost of a Court Transcript would be prohibative for investors to obtain. To have the proceedings transcribed by the Court you pay by the word (folio) as I found out when I challenged a point of law at the Royal Courts of Justice some years ago. I paid several hundred pounds for a mornings hearing to be transcribed. There is currently no indication that either side in the proceedings will be obtaining/publishing a transcript so we cannot rely on that route.
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keitha
Member of DD Central
2024, hopefully the year I get out of P2P
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Post by keitha on Apr 26, 2023 15:59:48 GMT
If everyone chucks in a few quid it can be done, if we can get this reported then the information may be invaluable for others so even if you aren't involved PLEASE donate. Mousey donation from me on the way
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qwakuk
Member of DD Central
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Post by qwakuk on Apr 26, 2023 17:01:17 GMT
If everyone chucks in a few quid it can be done, if we can get this reported then the information may be invaluable for others so even if you aren't involved PLEASE donate. Mousey donation from me on the way Donation made to the cause, jonied P2P after Collateral was gone. Got a lump in Ablrate and unlikey to get anything back (my personal opinion).
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duck
Member of DD Central
Posts: 2,584
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Post by duck on Apr 27, 2023 8:49:03 GMT
Thanks to those who have contributed since I started this thread, lets keep it going .......
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