Mousey
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Post by Mousey on Oct 5, 2021 19:07:18 GMT
CASE UPDATE: The below parties (which can be referenced from this DDC post) have successfully requested to amend the so-called Part 20 claim and defence. The following order was sealed by the court on Sept 10th 2021 but has only been available since 1st Oct:
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r1200gs
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Post by r1200gs on Oct 6, 2021 12:04:07 GMT
Sorry for being a bit thick and I have not been following closely, but what does this mean?
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Mousey
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Post by Mousey on Oct 6, 2021 15:20:07 GMT
FS made a claim against Luxmore and the borrower (and entities connected to the borrower)
The borrower in turn defended that claim and issued a counter-claim against the former directors. It's this defence and counter claim that has been given permission to be amended.
I understand Court of appeal hearing still set for February '22.
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jcb208
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Post by jcb208 on Oct 7, 2021 8:53:29 GMT
Hi did any thing ever happen about the Reading loan that was written off with 100% loss ,money lent to a close friend of Luxmore with no documentation . The fraud case I submitted to action fraud as usual nothing happened
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michaelc
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Post by michaelc on Oct 7, 2021 19:21:46 GMT
Hi did any thing ever happen about the Reading loan that was written off with 100% loss ,money lent to a close friend of Luxmore with no documentation . The fraud case I submitted to action fraud as usual nothing happened +1
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Mousey
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Post by Mousey on Oct 15, 2021 17:04:14 GMT
Watch: FundingInSecure - Part 1
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agent69
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Post by agent69 on Oct 15, 2021 17:30:50 GMT
Watch: FundingInSecure - Part 1
Any idea when we will see parts 2 - 4?
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adrian77
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Post by adrian77 on Oct 15, 2021 20:33:43 GMT
fantastic work Mousey - well done for describing this almighty mess in a clear manner
Doubtless it will be covered later but I note there are no arrows coming out of the Vestrow group - as I see it this owes Centurion Developers (ref Elephant and Castle flat?) £74K and has a directors loan account of £10K which I guess was to R Kumar and/or V Gandi - well I hope the validity of this is thoroughly investigated as there are strict rules regarding such loans - I have no idea whether this is or is not kocher but I sure would not do this myself aas it looks like using FS money for a personal director's loan which my accountant would not like!
Looking forward to the next instalments - I will donate a few shekels
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Mousey
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Post by Mousey on Oct 17, 2021 21:26:17 GMT
Watch: FundingInSecure - Part 1
Any idea when we will see parts 2 - 4? It's a work in progress. Part 2 is 70% done, 3 is 50%. There's a three day Lendy hearing I'm going to try and cover this week and a load of stuff about lenders being joined to claims which needs writing up.
I'd encourage donations to the cheese fund to support this sort of work... if only the platform will still open I could have pawned some of my cheese off:
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Mousey
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Post by Mousey on Jun 23, 2022 12:18:36 GMT
In the last few days a new claim has been filed at the High Court against one of the defendants in this case.
It is understood that the application is to order a sale so a charging order can be enforced.
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adrian77
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Post by adrian77 on Jun 23, 2022 12:51:41 GMT
Mousey - have seen Funding Secure part 1 - very good explanation etc - can't wait for the other parts... Can I ask what software product did you use to produce it - thanks a lot
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Mousey
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Post by Mousey on Jun 23, 2022 14:14:36 GMT
Mousey - have seen Funding Secure part 1 - very good explanation etc - can't wait for the other parts... Can I ask what software product did you use to produce it - thanks a lot Yeah, I should get round to those at some point. Erm it's Powerpoint OBS Studio to do the screen capture And ShotCut to do some very minor editing
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adrian77
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Post by adrian77 on Jun 23, 2022 17:32:01 GMT
thanks a lot
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Mousey
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Post by Mousey on Aug 26, 2022 11:34:02 GMT
he draft of FundingInSecure Part 2 has been done and privately uploaded to YouTube. Should be able to hit publish within 14 days
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Mousey
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Post by Mousey on Oct 3, 2022 22:37:36 GMT
In the last few days a new claim has been filed at the High Court against one of the defendants in this case. It is understood that the application is to order a sale so a charging order can be enforced. Which is set for a third party debt order tomorrow in Manchester... in person though so no coverage from me. 'Part 2 - The London Loan' will be published this Friday.
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