nick
Member of DD Central
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Post by nick on May 17, 2024 11:55:43 GMT
I've not been getting updates from ABLRate or the administrators. The last email I got from ABL was in 2022. I've emailed info@ablrate.com and customerservices@ablrate.com to try and get on the mailing list, but haven't heard back in 6 weeks. Does anyone have any contact details for the administrators please? Contact details of administrators are on FCA website are: Name: Sean Bucknall, Brian Burke and Andrew Hosking of Quantuma Advisory Limited Email: ablrate@quantuma.com Post: Quantuma Advisory Limited, 20 St Andrew Street, London EC4A 3AG
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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 May 30, 2024 14:41:41 GMT
Did anyone get a notification email for the admin note? I only saw it because I logged on to see if I could get in.
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dave4
Member of DD Central
Cynical is a hobby not a lifestyle
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Post by dave4 on May 30, 2024 15:00:14 GMT
Did anyone get a notification email for the admin note? I only saw it because I logged on to see if I could get in. Nope.
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grumpsimus
Member of DD Central
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Post by grumpsimus on May 30, 2024 21:23:07 GMT
Did anyone get a notification email for the admin note? I only saw it because I logged on to see if I could get in. No, I have had nothing. Logged on, ignoring the security issue, and found nothing new from the administrators
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,255
Likes: 11,451
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Post by ilmoro on May 30, 2024 21:28:36 GMT
Did anyone get a notification email for the admin note? I only saw it because I logged on to see if I could get in. No, I have had nothing. Logged on, ignoring the security issue, and found nothing new from the administrators Click on the bell - you should have one notification that the FAQ has been updated ... if you click on a loan then docs, there is a new FAQ about half way down - list is alphabetical so find F
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grumpsimus
Member of DD Central
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Post by grumpsimus on May 31, 2024 15:18:44 GMT
No, I have had nothing. Logged on, ignoring the security issue, and found nothing new from the administrators Click on the bell - you should have one notification that the FAQ has been updated ... if you click on a loan then docs, there is a new FAQ about half way down - list is alphabetical so find F ilmoro thanks. I have found the updated FAQs. although they do not seem to be in every loan.
These administrators appear to be hopeless at communication. It might have been sensible for them to have a dummy loan to which all leanders were subscribed, which held all general communications from the administrators.
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cwpa
New Member
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Post by cwpa on Jun 18, 2024 17:28:56 GMT
I've not been getting updates from ABLRate or the administrators. The last email I got from ABL was in 2022. I've emailed info@ablrate.com and customerservices@ablrate.com to try and get on the mailing list, but haven't heard back in 6 weeks. Does anyone have any contact details for the administrators please? Did anyone get a notification email for the admin note? I only saw it because I logged on to see if I could get in. I had this update from the administrator: "...the reason emails were not working is because the Sendgrid fee for the month had not been paid. This is something I was not previously aware of. I have since requested access from the director in order to make payment. In addition, I am looking at an alternative solution for communicating with investors. I think our own portal might be a better option for this. If I am able to implement this successfully, I will make investors aware. From there I hope investors can sign up for emails."
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blueblazer
Member of DD Central
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Post by blueblazer on Jun 25, 2024 11:38:03 GMT
I had this update from the administrator: "...the reason emails were not working is because the Sendgrid fee for the month had not been paid. This is something I was not previously aware of. I have since requested access from the director in order to make payment. In addition, I am looking at an alternative solution for communicating with investors. I think our own portal might be a better option for this. If I am able to implement this successfully, I will make investors aware. From there I hope investors can sign up for emails."
Only just noticed that the portal is now live. Login details etc are on a note on ABL site.
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brianlom1
Member of DD Central
He's not the Messiah, he's a very naughty boy!
Posts: 400
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Post by brianlom1 on Jun 26, 2024 11:00:18 GMT
Any thoughts on how to persuade the relevant authorities to commission an independent enquiry into the FCA's regulation of the P2P industry? (similar to the Gloster report into the FCA's regulation of LCF: chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://assets.publishing.service.gov.uk/media/5fda3d698fa8f54d60878b2f/Gloster_Report_FINAL.pdf)
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p2pfan
Member of DD Central
Full-Time Investor
Posts: 775
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Post by p2pfan on Jun 26, 2024 14:23:43 GMT
Any thoughts on how to persuade the relevant authorities to commission an independent enquiry into the FCA's regulation of the P2P industry? (similar to the Gloster report into the FCA's regulation of LCF: chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://assets.publishing.service.gov.uk/media/5fda3d698fa8f54d60878b2f/Gloster_Report_FINAL.pdf) It would be wonderful if there was such an enquiry. The P2P industry in the UK has a lot to answer for. Do you have 5000 hours and 5 years to run a campaign to persuade the powers that be to hold such an enquiry? I don't.
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Post by bigreyrey on Jul 2, 2024 9:22:18 GMT
Has anyone signed up to the IPS-DOCS.com portal? All documents posted to ABLRate platform, should also be posted here and we should be notified via email.
I was able to login using details shared in the latest FAQ (29/05/2024) to the 'Aviation And Tech Capital Ltd' portal page. From here you can add your email address to be notified about new documents and posts.
There appears to be an error in the 'Ablrate Assets LTD' page on the same site If you ignore the. login number in the FAQ & instead search for Ablrate Assets (start typing in the box), and then Unique ID number in the FAQ, as the password it should work.
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,255
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Post by ilmoro on Jul 2, 2024 17:02:59 GMT
The caseboard entry for the ABLRate Assets Ltd case shows that the last case activity was 2 July 2024 (previously 26 June 2024) caseboard.io/cases/e1a1dc13-b356-4b5a-9618-a1856e212104Does anyone know what that was about? Is it likely to be something to do with the administrator seeking to put its fee arrangement in place? Also, I wonder how much each court session is costing? The case for Aviation and Tech Capital Ltd still shows the last activity date as 17 April 2024 Doesn't mean there is a Court session ... could just be a document being added. I would assume that it relates to the extra party attached to the case as it doesn't appear on AVT.
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dh1
Member of DD Central
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Post by dh1 on Jul 22, 2024 14:06:57 GMT
"... write to inform you that following the formation of the Loan Investors’ Committee (‘the Committee) the inaugural meeting was held on Thursday 18 July 2024 and attended by the Committee members, the Joint Administrators and their legal advisers. The meeting lasted some 2.5 hours where the Committee were provided with a general update on the work carried out to date and a detailed update on a loan-by-loan basis, setting out a range of considerations, actions and next steps. In addition, a range of areas were discussed in relation to the information flow and communication to Loan Investors. ..."
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,255
Likes: 11,451
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Post by ilmoro on Jul 22, 2024 14:09:48 GMT
"... write to inform you that following the formation of the Loan Investors’ Committee (‘the Committee) the inaugural meeting was held on Thursday 18 July 2024 and attended by the Committee members, the Joint Administrators and their legal advisers. The meeting lasted some 2.5 hours where the Committee were provided with a general update on the work carried out to date and a detailed update on a loan-by-loan basis, setting out a range of considerations, actions and next steps. In addition, a range of areas were discussed in relation to the information flow and communication to Loan Investors. ..."
Also on the platform.
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Post by overthehill on Jul 22, 2024 15:31:52 GMT
For your eyes only.
"In addition, a range of areas were discussed in relation to the information flow and communication to Loan Investors"
Translation:
There will be no information flow and communication to Loan Investors. Not trustworthy and above their pay grade endangering the recovery amounts for the administrators.
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