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 Nov 13, 2018 13:19:54 GMT
So 7 months in and they haven't even been able to tell us if they've recovered the database.....what was the point of the Collateral page on their website then ? I'm not holding out much hope for the return of any of my money,it will be swallowed up in fees As has been said many times before the judge ordered the curry brothers to pay all fees and i am expecting the majority of my money back. Did he? Or was that just costs of the specific court case removing RR?
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GeorgeT
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Post by GeorgeT on Nov 16, 2018 17:13:18 GMT
So 7 months in and they haven't even been able to tell us if they've recovered the database.....what was the point of the Collateral page on their website then ? I'm not holding out much hope for the return of any of my money,it will be swallowed up in fees As has been said many times before the judge ordered the curry brothers to pay all fees and i am expecting the majority of my money back. What a court orders and what happens are two entirely different things. In very simple terms you can't get blood out of a stone. I think it highly unlikely the brothers in question have got a million or 5 tucked away somewhere that is within the grasp of the legal system / administrators. I also don't think the administrators will be paying anybody else until they have paid themselves. Which will almost inevitably mean the creditors paying the cost of administration fees.
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stokeloans
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Post by stokeloans on Nov 18, 2018 13:13:26 GMT
So 7 months in and they haven't even been able to tell us if they've recovered the database.....what was the point of the Collateral page on their website then ? I'm not holding out much hope for the return of any of my money,it will be swallowed up in fees As has been said many times before the judge ordered the curry brothers to pay all fees and i am expecting the majority of my money back. I don't think he did, that was just for the initial hearing wasn't it,circa 50k or so ? I bet they haven't got a pot to pee in
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averageguy
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Post by averageguy on Nov 18, 2018 13:28:38 GMT
As has been said many times before the judge ordered the curry brothers to pay all fees and i am expecting the majority of my money back. I don't think he did, that was just for the initial hearing wasn't it,circa 50k or so ? I bet they haven't got a pot to pee in But then to say you expect nothing back is a bit overly negative in my view.....for accounting purposes ive written my investment down by 50% but u'm hoping for more..whilst excepting that there will be a substantial loss
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stokeloans
Member of DD Central
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Post by stokeloans on Nov 18, 2018 13:50:35 GMT
I don't think he did, that was just for the initial hearing wasn't it,circa 50k or so ? I bet they haven't got a pot to pee in But then to say you expect nothing back is a bit overly negative in my view.....for accounting purposes ive written my investment down by 50% but u'm hoping for more..whilst excepting that there will be a substantial loss You don't know how much....or little.... I have invested. I've seen enough media reports of companies in administration where the creditors only get a few p in the pound
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Monetus
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Post by Monetus on Nov 18, 2018 13:56:34 GMT
As has been said many times before the judge ordered the curry brothers to pay all fees and i am expecting the majority of my money back. I don't think he did, that was just for the initial hearing wasn't it,circa 50k or so ? I bet they haven't got a pot to pee in Yes - it's my understanding that the judges order for the Currie's to pay costs as mentioned in the administrators initial proposals only relates to the original court hearings as far as I'm aware.
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averageguy
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Post by averageguy on Nov 18, 2018 20:04:57 GMT
But then to say you expect nothing back is a bit overly negative in my view.....for accounting purposes ive written my investment down by 50% but u'm hoping for more..whilst excepting that there will be a substantial loss You don't know how much....or little.... I have invested. I've seen enough media reports of companies in administration where the creditors only get a few p in the pound No I dont which is why I am talking percentages
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