Mousey
Member of DD Central
Posts: 1,569
Likes: 6,558
|
Post by Mousey on Apr 3, 2020 12:40:06 GMT
Those with the link can join from a normal web browser and log in as a guest with no other details needed.
I've covered up my camera just in case!
|
|
iRobot
Member of DD Central
Posts: 1,657
Likes: 2,450
|
Post by iRobot on Apr 3, 2020 12:43:42 GMT
Link to Microsoft for SfB app download - links within for both windows desktop and other mobile. Do you have to M Office 365 ..will it run alone..and is it a free download ? Might just be easier to use the browser web app - should be an option from the meeting invite, I think. (Sorry for vagueness, we migrated to MS Teams some while back, only kept SfB for (stupid) MS voicemail on Exchange Online mailboxes) Should just ask for a simple name that way, rather than an account. I suspect there'll be quite a few Liam Brookes in the session! Edit: X'd with Mousey
|
|
rogerthat
Member of DD Central
Posts: 2,048
Likes: 1,994
|
Post by rogerthat on Apr 3, 2020 14:54:40 GMT
Thanks for assistance..I watched the lot..almost 2 hours..
|
|
rogerthat
Member of DD Central
Posts: 2,048
Likes: 1,994
|
Post by rogerthat on Apr 3, 2020 14:56:44 GMT
Those with the link can join from a normal web browser and log in as a guest with no other details needed.
I've covered up my camera just in case!
Ha ha...if only i'd known..my garden clobber must have impressed...
|
|
Mousey
Member of DD Central
Posts: 1,569
Likes: 6,558
|
Post by Mousey on Apr 6, 2020 11:30:43 GMT
The order from last weeks hearing has been made available for the sum of £10.
I understand the summary judgement was dismissed and the hearing has been transferred to the London Circuit Commercial Court
|
|
rogerthat
Member of DD Central
Posts: 2,048
Likes: 1,994
|
Post by rogerthat on Apr 6, 2020 12:19:48 GMT
The order from last weeks hearing has been made available for the sum of £10.
I understand the summary judgement was dismissed and the hearing has been transferred to the London Circuit Commercial Court
IIRC Pelling dismissed that suggestion on the grounds that the LCCC wasn't required (for trials up to 4 days) and the Shorter Trial Scheme (whatever that is) would be more suitable. Could you explain what "summary judgement was dismissed" means in layman's terms ?
|
|
Mousey
Member of DD Central
Posts: 1,569
Likes: 6,558
|
Post by Mousey on Apr 6, 2020 12:30:58 GMT
So the hearing we watched was an application to dismiss the summery judgement made back in January 2020.
It would appear that the defendant failed to turn up at the hearing in January 2020 and has only now introduced evidence that might have a "real prospect of successfully defending the claim".
I understand the judge dismissed referral to the London County Court not the London Circuit Commercial Court and the Shorter Trial Scheme only operates within the Business and Property courts (so not the county courts)
|
|
rogerthat
Member of DD Central
Posts: 2,048
Likes: 1,994
|
Post by rogerthat on Apr 6, 2020 12:42:26 GMT
Many thanks Mousey..I'll do my best to try and understand that Do you have a gut feeling how this might end up..on what you heard ?
|
|
Mousey
Member of DD Central
Posts: 1,569
Likes: 6,558
|
Post by Mousey on Apr 6, 2020 13:08:29 GMT
I have to admit my knowledge is limited at the best of times let alone in cases such as this. I may have popped off for a few minutes during the hearing to get a fish pie out the oven!
At the very least it would appear the issues raised should have been foreseen by Funding Circle when they drafted the settlement agreement.
|
|
|
Post by skooldaze on Apr 13, 2020 14:09:37 GMT
Yet they still havent' even updated the page. The a**eholes will probably blame COVID-19 etc for being so poor
|
|
|
Post by frank220 on Apr 18, 2020 22:02:02 GMT
new update on companies house
interesting if depressing reading - meeting of creditors summary
3 years to basically achieve virtually nothing
|
|
rogerthat
Member of DD Central
Posts: 2,048
Likes: 1,994
|
Post by rogerthat on Apr 19, 2020 10:55:46 GMT
Maybe with the Governments intervention and introduction of CBILS and FC's suspension of new retail lending perhaps they will now stop any further attempts (futile or otherwise) at loan recovery across the platform and not just on this one, though I dread to think what this has cost to date. Perhaps our forensic rodent Mousey will cast his eye over the latest notice on CH when time permits
|
|
adrian77
Member of DD Central
Posts: 3,895
Likes: 4,122
|
Post by adrian77 on Apr 19, 2020 15:37:02 GMT
As I read it (but Mousey is our expert) - they are pulling out of the administration and are now going to cash in by liquidating the company. I am clearly in the wrong game.
OK the company has no money doubtless the original directors have and I would guess a few million quid!
As I see it FC have been well and truly had here - I was in this one but when started my DD this one screamed dodgy at me so I pulled out . I am no expert so how the hell did FC not see this? Wonder what the hell this one will cost.
This family must still be laughing all the way to the bank - I only hope that Covid-19 is going to wallop their business and they get blacklisted by the credit agencies and banks - not very charitable I know but their behaviour strikes me as morally reprehensible...
|
|
|
Post by angel19 on Apr 19, 2020 16:15:01 GMT
Maybe it gets us a little closer to FC calling in the director guarantee. At least that way we may get to hold these unscrupulous borrowers feet to the fire for a few minutes.
|
|
Mousey
Member of DD Central
Posts: 1,569
Likes: 6,558
|
Post by Mousey on Apr 19, 2020 17:41:38 GMT
Well I'm not fully versed with the ins and outs of this case so you might have to call on other people to explain the ramifications of the companies house records. If you need a link to them let me know.
angel19 I understand that there is a claim that the directors guarantee was effectively signed away in the settlement agreement under the principle that if the original debt is settled the PG cannot be pursued. Ie "A personal guarantee creates a secondary obligation (usually a payment obligation) to support a primary obligation between the lender and the borrower; A Personal Guarantor's obligation is contingent on the borrower's primary obligation, hence if the borrower is not liable to repay the lender then the Personal Guarantor should not be liable either;" Source: Fieldfisher
|
|