adrianc
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Post by adrianc on Jun 6, 2019 16:37:41 GMT
I suspect the mods will redact the case number. I hope they don't do anything more... It doesn't take much of a google to turn the case number into a case going back to late 2017, with a defendant's name. A name that's a director of M*l*d*n Ltd, borrower in That London Hotel "Short Term" Loan...
<does happy dance>
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adrianc
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Post by adrianc on Jun 6, 2019 16:39:01 GMT
Two plus two equals an ongoing court case.
Mod Comment
Thanks for that adrianc, I've now glued that discussion to this one just below.
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ptr120
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Post by ptr120 on Jun 7, 2019 16:48:06 GMT
Does anyone know how to find out what happened in court today?
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rogerthat
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Post by rogerthat on Jun 8, 2019 9:21:48 GMT
Does anyone know how to find out what happened in court today? I seem to have saved this link before from another poster but don't ask me how to navigate it... www.thelawpages.com/index.php
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Mousey
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Post by Mousey on Jun 8, 2019 22:28:15 GMT
It was only a Case Management Conference but I do note an order was made by the judge. Unfortunately I'm unable to see it's contents for free.
There are 4 files available to purchase copies of from the court:
4 07-06-2019 Order by Judge - Order Order by Mr Justice B******. £10.00 3 23-10-2018 Order by Judge - Order Approved Order by Mrs Justice M****** £10.00 2 15-01-2018 Filing - Defence Defence £10.00 1 18-12-2017 Filing - Claim Form (Part 7) Claim Form (Part 7) & Particulars of Claim attached £20.00
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pickles
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Post by pickles on Jun 9, 2019 8:01:32 GMT
Document (2) might make interesting reading (but not £10 of interesting)
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Post by skooldaze on Jun 12, 2019 10:35:26 GMT
I'm sure FC will be all over of this and tell us... Waste of space
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sussexlender
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Cheat seeking missile
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Post by sussexlender on Jun 26, 2019 12:52:03 GMT
It is about time FC gave us all a truthful update on these suspect borrowers and these loans.
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Post by skooldaze on Jun 27, 2019 7:31:55 GMT
Reading the report again:
"enter judgement on the litigation proceedings in their favour declaring that the purported tenancy was a sham"
So is this statement seeking that the whole purpose of the loan was a sham. Doesn't that mean FC are also highlighted not doing the due dilligence?
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sussexlender
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Cheat seeking missile
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Post by sussexlender on Jun 27, 2019 12:12:04 GMT
Many will suspect that FC will say "we were mislead by the deceitful borrower" - but that will not excuse their failure to take security over the Eastbourne hotel. It is still trading and taking cash that could have been paid to investors.
FC should be magnanimous at this stage, admit they got these loans badly wrong, accept their failings and repay investors at least the outstanding capital.
Then FC can pursue these scoundrel borrowers in their own time.
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rogerthat
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Post by rogerthat on Jul 1, 2019 19:39:17 GMT
Reading the report again: "enter judgement on the litigation proceedings in their favour declaring that the purported tenancy was a sham" So is this statement seeking that the whole purpose of the loan was a sham. Doesn't that mean FC are also highlighted not doing the due dilligence?I was under the impression that was a given ?..heavens above, enough investors raised concerns when FC belatedly informed us but the die was already cast..FC assured us they knew what they were doing and berated some for having the temerity in doubting their business acumen. Too late to bale out, the rest of course is history.
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Godanubis
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Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
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Post by Godanubis on Jul 1, 2019 20:27:58 GMT
Totally forgot I had £5K in this which was added after FC assured me the had never had an A or A+ Loan fail. Silly me believed them Did make profit overall before withdrawing most of my funds. Just left enough to keep account live to get back all my money from this loan. Trump may get new term, Brexit will happen by all saints day and Jeremy Corbyn will be PM. If all these might happen so getting my money back from FC will be a dawdle
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mikeb
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Post by mikeb on Jul 7, 2019 20:25:38 GMT
If all these might happen so getting my money back from FC will be a dawdle I mentally corrected you there, and said "I think you mean a doddle" ... Then I realized what a slow journey it will be, and somehow dawdle seems way more appropriate, even if it was caused by auto-corrupt!
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Godanubis
Member of DD Central
Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
Posts: 2,011
Likes: 1,013
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Post by Godanubis on Jul 7, 2019 23:21:37 GMT
If all these might happen so getting my money back from FC will be a dawdle I mentally corrected you there, and said "I think you mean a doddle" ... Then I realized what a slow journey it will be, and somehow dawdle seems way more appropriate, even if it was caused by auto-corrupt! Pity Platform errors don’t get auto corrected
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Post by moneyfrr on Jul 18, 2019 16:29:15 GMT
Is this the oldest remaining FC loan? When is it expected the hotel will be sorted and sold?
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