keystone
Member of DD Central
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Post by keystone on Aug 14, 2018 14:27:30 GMT
In this case it may be the weighting that increases the waiting. Or that BDO pockets more money the longer it drags this out.
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amanda373
Anyone downloaded the full transcript of the Court Session with the FCA. .?
Posts: 52
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Post by amanda373 on Aug 15, 2018 7:48:44 GMT
I understand that there is a Court order today..anyone know what about?
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micky
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Post by micky on Aug 15, 2018 8:33:19 GMT
I understand that there is a Court order today..anyone know what about? Would you, mind sharing how/where did you hear about his Amanda?
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Post by mrclondon on Aug 15, 2018 8:45:48 GMT
I understand that there is a Court order today..anyone know what about? Would you, mind sharing how/where did you hear about his Amanda? Its a new document ("S1096 Court Order to rectify") filed at CH today, but the full details are not yet visible. The CH email alert service generated two alerts re appointment of administrators (wef 13th March 18) at the same time, so my guess is its a court order to force CH to update its records to show BDO not RR as the administrators.
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jhma
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Post by jhma on Aug 15, 2018 13:47:16 GMT
I understand that a S1096 Court Order to Rectify can relate to any previous filing to CH that is determined to be factually incorrect. The document will be available to download from CH five days from today so we can only speculate until then.
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kaya
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Post by kaya on Aug 15, 2018 14:25:44 GMT
All any investor really wants is to see loans refinanced, bling sold, and our money returned, some of it at least. Instead we seem to have a protracted debate about a CC, and no real news of progress. I'm not at all sure what a CC will achieve except yet more debate and delays. There can only be one winners from all of this, and it ain't us. Now feeling increasingly pessimistic about a reasonable outcome.
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travolta
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Post by travolta on Aug 15, 2018 20:05:12 GMT
mmm: Masterly inactivity. Back to the Court of Circumlocution. Expenses ? Anybody?
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amanda373
Anyone downloaded the full transcript of the Court Session with the FCA. .?
Posts: 52
Likes: 67
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Post by amanda373 on Aug 17, 2018 7:28:19 GMT
Court Order of 17/8/18 stars that it is the Appointment of Administrator....infomfrom Companies House somnomfurther detail. Could it be the creditors committee results? Did it have to be a legal entity?
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11025
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Post by 11025 on Aug 17, 2018 7:57:02 GMT
How on earth can this take so long ? it is well over a week since the final nominations had to be in .
This is lead swinging of the highest order , we deserve better than this ....
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empirica
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Post by empirica on Aug 17, 2018 9:12:44 GMT
How on earth can this take so long ? it is well over a week since the final nominations had to be in . This is lead swinging of the highest order , we deserve better than this .... Paperwork requiring a 'wet' signature needing to be sent / signed / returned? (IIRC there was mention of an NDA which would definitely require some attention.)
Would expect that to be 'doable' in 10 days _ even including a weekend _ but relies on the availability (holiday season) and timely participation of the successful candidates.
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11025
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Post by 11025 on Aug 17, 2018 9:31:20 GMT
How on earth can this take so long ? it is well over a week since the final nominations had to be in . This is lead swinging of the highest order , we deserve better than this .... Paperwork requiring a 'wet' signature needing to be sent / signed / returned? (IIRC there was mention of an NDA which would definitely require some attention.)
Would expect that to be 'doable' in 10 days _ even including a weekend _ but relies on the availability (holiday season) and timely participation of the successful candidates.
That is correct it should be quite easily and the fact that it isn't shows we have people working against us .
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ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
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Post by ozboy on Aug 17, 2018 9:49:40 GMT
Agree. P2P is murky & dishonest at the best of times and vested interests not aligned with/against Lenders could easily plant someone of their choosing on to the Committee I'd have thought.
This COLL thing is jinxed and just gets worse by the day, whilst BDO coin it. And The Useless FCA who caused the debacle pat themselves on the back for a job well done. (Well fornicated up I'd say.)
I despair.
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archie
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Post by archie on Aug 17, 2018 9:59:39 GMT
Monetus seems to have disappeared. Conspiracy?
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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 Aug 17, 2018 10:03:59 GMT
Monetus seems to have disappeared. Conspiracy? If he's been successful & signed an NDA then presumeably he's not allowed to expose his election.
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11025
Member of DD Central
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Post by 11025 on Aug 17, 2018 10:16:22 GMT
Monetus seems to have disappeared. Conspiracy? If he's been successful & signed an NDA then presumeably he's not allowed to expose his election.
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