Attention Investors!
Is Castle Trust & Management Services Ltd the security trustee for your personal investment?
If so, this page is for you…
What is Castle Trust and what do they do?
Castle Trust & Management Services is a Gibraltar-based company offering a wide range of "...security trustee services," including but not limited to funds; trusts; companies; wealth management; bespoke & VIP services; qualifying non-UK pension schemes and qualifying recognised overseas pension schemes.
According to the company's website, the Castle Trust Group operates as a professional trustee regulated by the Gibraltar Financial Services Commission under license number FSC0229B.
Who is Steven Knight?
Listen to the podcast: “Who is Castle Trust and what do they do?”
What does it mean if Castle Trust is the trustee of my investment?
As trustee, the Castle Trust Group has a duty of care to safeguard your investment by ensuring they can recover sufficient assets in case something happens to the company you have invested in.
This will be documented in a legal charge placed by Castle Trust and registered at Companies House.
Castle Trust Group
Quite often, introducers and other professional enablers use these documents as a "letter of comfort" to encourage potential investors to part with their money, safe in the knowledge there is adequate security in place should anything happen to the company they are investing in.
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*Please note that we will not share your details with any third parties.
What's the relationship between Castle Trust and the failed companies High Street GRP (HSG) and High Street Commercial Finance (HSCF)? What has Castle Trust done and what should they be doing to recover investors’ funds?
To date, no action has been taken by the Castle Trust Group. The company should act in the interest of investors to recover assets they have charges against and help compensate investors for their losses.
Steven Knight
It is within Steven Knight's power to act, but he has chosen not to. Perhaps his long-established friendship with the HSG management is more important than his duties as a trustee?
How does Insolvency & Law respond to Castle Trust on behalf of HSG and HSCF investors?
Insolvency & Law conducts research, interviews and investigations to better understand the Castle Trust Group's failure to protect investors' interests.
To date, our enquiries reveal that Castle Trust should be held responsible for the loss in value of loan notes.
High Street Group and High Street Commercial Finance
We anticipate that legal proceedings will commence for breach of trust and neglect in respect of the security instrument issued for loan note holders of HSG, HSCF and other connected companies.
The findings of our investigations suggest that in addition to failing to protect the secured assets it held (the subject of a legal charge), Castle Trust also failed in its duty of care to loan note holders.
Contact us immediately if you're concerned about a company securitised by Castle Trust that you have invested in (other than HSG or HSCF)...
Email our investigations department where gill.clow@insolvencyandlaw.co.uk will be happy to review your investment and security documentation.
Follow our blog for updates on investigations, discoveries and the litigation progress for the recovery of investors' funds from the Castle Trust Group and Steven Knight.
Future blog topics:
- Are HSG and Steven Knight friends? When did they first do business together, and why is this important?
- I thought my investment was covered by a charge - is this true?
- Where does Insolvency & Law source its information?
- No smoke without fire: who has Steven Knight been linked to previously?
- Allegations of tax evasion and breach of duty involving Castle Trust, Steven Knight in UK courts...
- Castle Trust, Steven Knight in court in Gibraltar...
- Castle Trust schemes blamed for significant pension losses following inappropriate investments...
Office
Insolvency & Law Limited
78 York Street, London, W1H 1DP
Telephone +44(0)20 7504 1300
info@insolvencyandlaw.co.uk / www.insolvencyandlaw.co.uk
Company registered in England and Wales. Company Number 6841774
For the avoidance of doubt, we do not conduct litigation and we are not solicitors or licensed insolvency practitioners.
Neither do we engage in any legal or financial regulated services or other regulated activities.
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