DFL001, DFL002, PBL027, PBL056

I think you missed the point of the "can kicking" comment - it was intended to highlight the hypocrisy of assumed members of your group demanding that Lendy explain exactly what they're doing (when court cases or other legal processes are involved) but then using the exact same "excuse" as them for not providing further details of your planned action.

Critical is a percentage of WHICH proceeds received. e.g. whether they're biased towards escalating the case to court / formal mediation because repayments by the normal route through the platform "don't count", or biased towards recovering monies from those specific loans even if it harms the recovery of other loans arranged through the platform (because only repayments on those specific loans "count"), etc.

When Lendy finally exhaust the current legal processes, I'll keep my whole share of the payment thanks, but if you want to give some of it away to a law firm who may have ultimately had no direct involvement in the process that led to the repayment, that's up to you.

For me, these loans combined represent about 5% of my current Lendy portfolio, so I'm personally more concerned about the potential damage to the recovery prospects of the remaining 95% if a rottweiler is set loose on "the hand that feeds me" than I am about the timing of repayment of that 5%.

Just this year, we've been "fed" with full repayments of DFL035, DFL025, PBL133, PBL194, PBL192, partial repayments of PBL163, PBL068, DFL026, and interest still being credited this month for DFL003, DFL006, DFL010, DFL014, DFL020, DFL021, DFL022, DFL029, DFL032, DFL033, DFL034, DFL037, PBL196, PBL197, PBL200, PBL201 (there were probably some more in Jan/Feb).

Personally, I don't consider 2 years a particularly long time for a recovery process where the other parties are actively obstructing the process. Some other platforms are still making recovery payments to me 5 or 6 years after the loan originally fell due, including at least some cases where a sudden payment "appears" out of the blue that settles the remaining balance of a loan that hadn't seen any visible action for a couple or more years previously. My understanding is that until or unless all relevant parties are bankrupt, or the loan goes 6 years without being "acknowledged", it still remains enforceable.

Much as I'd hoped for better liquidity and faster recoveries than that (and potentially payments from the platform/provision fund as a gesture of goodwill before the full recovery process was complete, as seemingly happened with the first couple of loans to enter protracted recovery processes), the possibility of needing to wait out the full recovery process potentially lasting several years was always on the cards, and a risk taken into account at time of investment, albeit considered relatively unlikely at that time.

It seems to have come as a surprise to some investors that recovery processes for delinquent loans with obstructive borrowers can take many years of legal wrangling. I'm not sure why, as this was often discussed, even if it was soon dismissed as a seemingly remote possibility unlikely to affect more than a handful of loans, and "legal processes can sometimes take many years to resolve" is hardly some kind of big secret. I don't imagine that your case would get resolved much quicker either... and it seems to me there's a good chance that it'll be irrelevant by the time the case is actually heard (e.g. where there are other cases on which Lendy is awaiting the outcome before being able to publicly disclose their actions on these loans, it would seem perfectly reasonable for them to ask the court to wait until those cases have reached a resolution before your case can be heard, so as not to prejudice those other cases).

The short-term concern is that any time the legal team spend responding to your case is time they can't spend advancing the other cases intended to recover our money, so your action may have the opposite effect to what you seemingly desire, causing even more delays.