Posts by forumadmin

Insolvency & Law Ltd sits on the Creditors Committee for the Administration and now Liquidation of Castle Trust & Management Services Ltd (CTMS). Our dedication to advocating for the HSG Loan Note Holders and other related parties remains steadfast. Despite facing numerous challenges and occasional detours. Our Commitment and Challenges From the onset, we have…

The Gibraltar Financial Services Commission (GFSC) remains silent on the ongoing issue of Castle Trust and Management Services Ltd (CTMS), now in liquidation. This lack of communication suggests the GFSC is either unwilling or unable to provide meaningful direction or assistance to the victims of CTMS. Gibraltar is supposed to be a safe haven for…

In the world of insolvency, a winding up petition holds significant importance. When a company has received a statutory demand (SD) and fails to raise a legitimate dispute or make payment, the creditor can proceed with a winding up petition. This article delves into the essence of winding up petitions, their process, and the implications…

If you or anyone you know has invested in Beech Holdings (Manchester) Ltd, it’s time to take action immediately and get in touch. The Situation Beech Holdings has enlisted the services of Manchester law firm, Slater Hellis. Notably, these are the same lawyers who handled the conveyancing for DeTrafford in their apartment sales, which ended…

Bankruptcy is often viewed as a last resort for individuals overwhelmed by debt, offering a path to financial relief but also leaving a significant mark on their financial records. However, there’s a lesser-known process that can offer a clean slate: bankruptcy annulment. In this article, we delve into what bankruptcy annulment entails, why it might…

The collapse of Castle Trust and Management Services Ltd (CTMS) has raised serious questions aboutthe role and effectiveness of the Gibraltar Financial Services Commission (GFSC) and the GibraltarGovernment. The silence from these entities, in the wake of CTMS’s downfall, is becomingincreasingly hard to ignore as more victims step forward, revealing the extent of their losses.…