shimself
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Post by shimself on Jan 17, 2020 16:14:29 GMT
You say potato, I say onion. I was just saying that Assetz have not stated in www.assetzcapital.co.uk/wind-down-arrangements that they have nominated any contingent administrators for winding the business up, as said in the OP. But I do agree with much you have said about what might happen in practice. I'm not sure that a different 'wind down contractor' would behave any better as an administrator. It's like a blood bank choosing a pet vampire. Anyway, it's not going to happen.
So far the FS lot (CSG) are doing much better.
RSM are not only bloodsuckers but they just lie, particularly saying they have sent emails which they haven't I tried polite nudges to the high ups in case they didn't know (which they should seeing as it's all so public) but no improvement.
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shimself
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Post by shimself on Jan 17, 2020 16:15:51 GMT
You "wind down the trading", and "wind up the company". All used properly above. Wind up investors more like
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shimself
Member of DD Central
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Post by shimself on Apr 21, 2020 17:48:51 GMT
In which we (I anyway) learn that they accept work from Mike Ashley, who it seems to me bends every rule going. And that they have mis-stated their own figures by £10M ! Spivs, and either incompetent or villains. (actually both)
I think I'm decided. I'm confident of most of my investments in AC, but if the platform goes and RSM get their mitts on it then I'll be shafted
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Brainer
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Post by Brainer on Apr 22, 2020 2:03:21 GMT
In which we (I anyway) learn that they accept work from Mike Ashley, who it seems to me bends every rule going. And that they have mis-stated their own figures by £10M ! Spivs, and either incompetent or villains. (actually both)
I think I'm decided. I'm confident of most of my investments in AC, but if the platform goes and RSM get their mitts on it then I'll be shafted
In a similar situation. I've recently sold out of all my loans on a particular platform. I had reasonably high confidence in all of them even accounting for coronavirus, but I had a lot less confidence in the platform surviving and have absolutely zero desire to be fleeced by another administrator.
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