ilmoro
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'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Sept 4, 2022 19:08:12 GMT
Ilmoro, i see this from the reverse angle - as far as I am aware the Judgement agreed with the borrower on the points that Lendy raised when they made their application such as the actual reading and understanding of the contract. These matters have been decided now and no longer form part of the case to come. It was a catastrophic backfire. Have you seen the judgement? It was an application for a summary dismissal so I would be surprised if the judge ruled on the substantive issues rather than just the application. Note it was the borrower's case that these issues would not be decided at the hearing but go to trial for a full examination of the facts.
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Mousey
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Post by Mousey on Mar 14, 2023 11:56:00 GMT
“50 issues” in Lendy Sunbeam loan dispute, court toldFor a link to a link to my write -up of the pre-trial review held earlier today go here
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Mousey
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Post by Mousey on May 8, 2023 18:26:17 GMT
Drum roll please ... the first so-called liability trial is expected to start tomorrow.
HHJ Rawlings will be presiding over the hearings, in person, at the Birmingham Civil Justice Centre.
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Mousey
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Post by Mousey on May 10, 2023 12:33:32 GMT
Breaking: It's understood this litigation has settled by means of a confidential agreement between the parties prior to the start of trial.
Further details are not yet available
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averageguy
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Post by averageguy on May 10, 2023 17:43:19 GMT
Breaking: It's understood this litigation has settled by means of a confidential agreement between the parties prior to the start of trial. Further details are not yet available Thank you
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Jun 10, 2023 11:16:56 GMT
Well based on latest CH report flagged on LAG - Lendy have been sent £4m - whether any on this comes back to lenders TBD
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Post by martin44 on Jun 16, 2023 19:51:16 GMT
Well based on latest CH report flagged on LAG - Lendy have been sent £4m - whether any on this comes back to lenders TBD ......
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Mousey
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Post by Mousey on Oct 31, 2023 22:38:44 GMT
A "Extension of Administration in person" hearing for the company which borrowed the money is being held tomorrow at a court in London.
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micky
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Post by micky on Nov 1, 2023 22:16:56 GMT
Well based on latest CH report flagged on LAG - Lendy have been sent £4m - whether any on this comes back to lenders TBD Wasn't there also a settlement a few months ago when the borrower avoided a court case for enforcement of the PG ? Possibly an NDA as part of the agreement, that's just my guess though.
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averageguy
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Post by averageguy on Dec 18, 2023 22:40:16 GMT
Well based on latest CH report flagged on LAG - Lendy have been sent £4m - whether any on this comes back to lenders TBD Anyone aware of any update on this?
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ilmoro
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'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Dec 18, 2023 23:33:10 GMT
Well based on latest CH report flagged on LAG - Lendy have been sent £4m - whether any on this comes back to lenders TBD Anyone aware of any update on this? Conveniently LAG have just flagged the latest CH report ... now £6.1m sent to Lendy ... presumably held pending review by M2 commititee. Its in the last batch according to the Order so be a while unless it gets bumped up like DFL029
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averageguy
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Post by averageguy on Dec 19, 2023 20:52:58 GMT
Anyone aware of any update on this? Conveniently LAG have just flagged the latest CH report ... now £6.1m sent to Lendy ... presumably held pending review by M2 commititee. Its in the last batch according to the Order so be a while unless it gets bumped up like DFL029 Thank you
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kh
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Post by kh on Feb 3, 2024 3:21:22 GMT
Any thoughts on what percentage of loan will be paid back to lenders here and possible timeline? Cheers
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jhamster
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Post by jhamster on Feb 3, 2024 21:22:37 GMT
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r1200gs
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Post by r1200gs on Feb 4, 2024 10:37:16 GMT
Any thoughts on what percentage of loan will be paid back to lenders here and possible timeline? Cheers I'm very curious as well, it's really quite shocking that the whole thing is so opaque that we really can't have a clue as to how much or when, or if.
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