ozboy
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Mine's a Large One! (Snigger, snigger .......)
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Post by ozboy on Mar 31, 2021 19:01:42 GMT
"Mr Richard Roberts, the barrister representing the borrower,"
Good to see it's gonna get expensive for our Borrower?
Even if it's Mates Rates, I imagine that RR's services aren't FOC???
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iRobot
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Post by iRobot on Mar 31, 2021 19:10:26 GMT
"Mr Richard Roberts, the barrister representing the borrower,"Good to see it's gonna get expensive for our Borrower? Even if it's Mates Rates, I imagine that RR's services aren't FOC??? Mates Rates or not, given the Borrower's track record, if I were RR I'd certainly be demanding payment up front!
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Mousey
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Post by Mousey on Apr 7, 2021 18:28:04 GMT
I understand the borrower's firm is the defendant for a hearing tomorrow. It's listed as a 1 hour Costs and Case Management Conference.
The claimant is a limited company in the business of "Buying and selling of own real estate "
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dermot
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Post by dermot on Apr 15, 2021 15:48:17 GMT
Any idea what happened?
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Mousey
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Post by Mousey on Apr 28, 2021 10:28:37 GMT
The hearing on the 8th - no idea.
The unbolted claim - “A judgment has not yet been delivered.”
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Post by banffy on May 4, 2021 13:42:28 GMT
Hi,
Anyone got info on what is going on with this case as It seems to be taking Yearrrrrrrrrrs!
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ilmoro
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'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 May 4, 2021 13:52:54 GMT
Hi,
Anyone got info on what is going on with this case as It seems to be taking Yearrrrrrrrrrs!
These things do anyway and the pandemic wont be assisting them being expedited. Still working through the preliminaries prior to proper hearing for the latest case ... think we're currently waiting for a judgment on the latest application from Unbolted on the nature of a loan agreement ... and also whether the main case is going ahead Mousey will no doubt update on a progress when it occurs
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Mousey
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Post by Mousey on May 25, 2021 20:15:06 GMT
For the avoidance of doubt I do not give permission for my comments to be used in an uncivil way.
I'm now aware of the 3 applications made at the hearing today. The hearing was between the borrower in the Unbolted case ("claimant") and an unrelated specialist loan and mortgage lender ("defendant")
I understand the total of the loan involved is £90k and the amount of the claim is circa £20k. The judge appeared to be shocked at the “extraordinary amount of money” which comprised the “wholly disproportionate” costs proposed by the claimant which were circa £1m.
The defendant pleaded that as the claimant had instructed his own firm to represent him that this allowed him the “unhindered ability to claim costs” under a “grossly inflated” budget.
The claimant has been seriously ill recently with Covid-19. I understand being obese is a risk factor.
Costs were eventually agreed upon at £42,500.The claimant had to pay 33% of costs of today's hearing due to unreasonable behaviour in the run up to the hearing. The judge allowed an application to stay the proceedings until July ’20 to allow parties to settle.The claimant has threatened to apply for a Group Litigation Order against the defendant if they don’t settle. Time estimate of the case is 3 days to be heard between 1st Dec ‘20 – Feb ’21. De ja vu anyone?
In court for a 90 minute application hearing tomorrow.
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elliotn
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Post by elliotn on May 31, 2021 8:59:42 GMT
For the avoidance of doubt I do not give permission for my comments to be used in an uncivil way.
... The claimant has been seriously ill recently with Covid-19. I understand being obese is a risk factor.
...
Out of respect to your invaluable work, I shall resist and desist from the comment I'd LOVE to make with regard to the claimant's UBO forcing me to invest legitimate Unb funds in to Connective Lending. Edit - ozboy , claimant thoughts?
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Mousey
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Post by Mousey on May 31, 2021 14:20:03 GMT
Out of respect to your invaluable work, I shall resist and desist from the comment I'd LOVE to make with regard to the claimant's UBO forcing me to invest legitimate Unb funds in to Connective Lending. Edit - ozboy , claimant thoughts? A director of CL isn't exactly what I'd describe as squeaky clean ... "has extensive knowledge within the fintech sector having previously founded and launched a peer-to-peer lending business in 2013".
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elliotn
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Post by elliotn on Jun 1, 2021 10:17:04 GMT
Out of respect to your invaluable work, I shall resist and desist from the comment I'd LOVE to make with regard to the claimant's UBO forcing me to invest legitimate Unb funds in to Connective Lending. Edit - ozboy , claimant thoughts? A director of CL isn't exactly what I'd describe as squeaky clean ... "has extensive knowledge within the fintech sector having previously founded and launched a peer-to-peer lending business in 2013". Bling is also 2/3 of my Collateral 'investments' (altho just property & boats from 2013). I'm clearly no Albert Einstein (For completeness, Lendy is by far my best administration - I can't see TC/MT etc surpassing it...Who said p2p would make the banks look like lending genii? )
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Mousey
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Post by Mousey on Jun 19, 2021 14:20:39 GMT
This litigation was referred to in the Insolvency Court yesterday wrt an Assetz matter.
Counsel stated that this borrower "started off in highly aggressive and confrontational way. Making all sorts of threats. The court at first instance took exception to how [the borrower] set about his case."
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nyneil
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Post by nyneil on Jun 19, 2021 18:53:01 GMT
As a matter of interest, in general, what would the situation be if a litigant 'passed away' before his case had been resolved?
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corto
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one-syllabistic
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Post by corto on Jun 19, 2021 19:55:26 GMT
As a matter of interest, in general, what would the situation be if a litigant 'passed away' before his case had been resolved? He will no longer be able to defend his case. Why do you ask?
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Mousey
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Post by Mousey on Jun 20, 2021 10:28:28 GMT
As a matter of interest, in general, what would the situation be if a litigant 'passed away' before his case had been resolved?
19.8 (1) Where a person who had an interest in a claim has died and that person has no personal representative the court may order – (a) the claim to proceed in the absence of a person representing the estate of the deceased; or (b) a person to be appointed to represent the estate of the deceased.
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