TitoPuente
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Post by TitoPuente on Oct 11, 2023 10:29:27 GMT
Last quarterly update was on 10 July, so we are due a new one.
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TitoPuente
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Post by TitoPuente on Aug 3, 2023 10:17:20 GMT
"The Administrators are in the process of reviewing a pre-Administration matter pertinent to the distribution". Any clue on what this "matter" could possibly be?
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TitoPuente
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Post by TitoPuente on Jul 26, 2023 14:37:22 GMT
These notices seem to be coming out in ones and twos at present,here is mine. This is hardly the "outcome"
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TitoPuente
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Post by TitoPuente on Apr 28, 2023 18:24:47 GMT
Aside from the uninvested cash, no other loan distribution above 50% when records show that some recoveries were more substantial than that. Cheeky.
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TitoPuente
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Post by TitoPuente on Apr 28, 2023 18:02:52 GMT
And all this in the middle of a criminal trial. You really cannot make this up!
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TitoPuente
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Post by TitoPuente on Apr 19, 2023 9:31:53 GMT
The Admin report to 7 March 2023 should have been filed in CH by now unless I am missing something.
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TitoPuente
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Post by TitoPuente on Mar 6, 2023 15:29:20 GMT
Last report published in CH. The Administration is finished and moving into Dissolution. Funds are with MT. I don't understand, why are the funds with MT not just distributed to investors? The creditor in the SPV Beau***t Str**t is MT, not us lenders. There is no set timeline for MT to distribute funds to lenders.
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TitoPuente
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Post by TitoPuente on Mar 2, 2023 8:21:19 GMT
Last report published in CH. The Administration is finished and moving into Dissolution. Funds are with MT.
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TitoPuente
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Post by TitoPuente on Nov 30, 2022 10:22:02 GMT
Funds are still flowing at a discount. Anyone wanting out can do it much like in any other market.
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TitoPuente
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Post by TitoPuente on Oct 17, 2022 8:10:28 GMT
Another mention in the FT today.
"Elsewhere, the insurer [an Australian insurance company] argues that when Greensill was seeking insurance coverage for lending to C****ss Re****bles — the Hull-based waste plant operator — it did not disclose that “the facility had already been drawn down and the majority of the funds used to make payments to directors of C****ss”. It also did not disclose that Greensill had acquired an option to purchase a 25 per cent stake in C****ss, according to the filing".
I guess the good news is that the Director(s) have quite a net worth to back the PGs.
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TitoPuente
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Post by TitoPuente on Oct 12, 2022 15:39:12 GMT
Admin report to 7 September 2022 now available in CH. An offer has been accepted but the situation with all the numerous security claims remains unresolved and the options to complete the sale are the same as described in the previous report. The price offered and accepted remains undisclosed.
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TitoPuente
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Ablrate (ABL) in Administration
#1000176 (ABL)
Sept 30, 2022 8:27:51 GMT
Post by TitoPuente on Sept 30, 2022 8:27:51 GMT
This one should repay today.
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TitoPuente
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Ablrate (ABL) in Administration
175 (ABL)
Sept 27, 2022 9:19:56 GMT
Post by TitoPuente on Sept 27, 2022 9:19:56 GMT
Expected to repay tomorrow Wednesday 28th.
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TitoPuente
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Post by TitoPuente on Sept 27, 2022 9:15:53 GMT
Expected to repay on Friday 30th.
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TitoPuente
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Likes: 655
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Post by TitoPuente on Sept 23, 2022 15:27:27 GMT
Ablrate gets no mention as a creditor That would be consistent with DBW's assertion that the loan is with the [former] parent company V*** I*** plc.
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