DFL001 is a model 1 loan (i.e. not P2P). As of today, all recoveries go to Lendy as Lendy was the lender.
Thanks. So the cash initially goes to Lendy's administrators and I suppose is then paid to Lendy's creditors in the standard order of priority. Where do we fit into the queue?
Unsecured creditors so after, admin, staff/HMRC PAYE but before shareholders
Minor shareholder in AC, BO, FO, CP, WA, Pfi, Ccube, Sdrs, AE, ABL. AC beta test. LAG, MTAG, FSAG
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