Posts by forumadmin
The Grim Truth for Loan Note Holders -79th Luxury Living Six Ltd (LL6)
No assets or safeguards. No clear path to recovery. If you’re one of the many investors who entrusted your money to The 79th Group’s loan notes, the latest administrator disclosures confirm what many feared: most of your investment may be lost. New evidence from formal insolvency documents has stripped away any remaining uncertainty. The administrator…
Read MoreOverdrawn Directors’ Loan Accounts: How to Avoid Trouble
Many company directors borrow money from their businesses through what’s known as a director’s loan account (DLA). In principle, there’s nothing wrong with this, so long as the money is repaid in a timely manner. Problems arise when the account becomes overdrawn, and the company runs into financial difficulty. If you’re a director with an…
Read MoreDebt Assignment Explained: A Strategic Tool for Creditors
In today’s volatile commercial landscape, unpaid debts can severely undermine cash flow, disrupt operations, and threaten the survival of a business. For creditors facing non-performing debts, particularly those involving insolvent, evasive, or asset-dissipating debtors, debt assignment provides a powerful and often underused legal remedy. It allows for the structured transfer of debt ownership, enabling specialist…
Read MoreThe 79th Group Administration: What It Means for Loan Note Holders
As The 79th Group enters administration, many loan note holders are left uncertain about what this means for their investment. What happens to the money? Who gets paid first? And how does the process actually work? This article breaks down the administration process under UK insolvency law and explains why loan note holders are now…
Read MoreThe 79th Group- Administration Update And What It Means for You as a Loan Note Holder
Over the past few weeks, a wave of The 79th Group companies has collapsed into formal administration, putting millions of pounds of Loan Note Holders capital at risk. If you hold a loan note with any of these companies, the decisions being made right now will determine whether you recover anything at all. Administrators are…
Read MoreWho’s Behind Billy Jackson? Uncovering the Team and the Companies
Part 3- Unravelling the Team Behind Billy Jackson Executive Summary -Billy Jackson operates a network of companies heavily reliant on Loan Note investments, many of which have defaulted on payments.-Our investigation uncovers a support network of introducers, trustees, and administrators lending legitimacy to these operations.-Investor reviews and legal records reveal a troubling pattern of defaults,…
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