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Kingsway Square Limited (In Administration)
Did you purchase an off-plan property with Kingsway Square Limited (In Administration) which has not been developed? Would you like your deposit returned? Are you facing challenges now that Kingsway Square Limited has gone into Administration? We understand the frustration and uncertainties that come with such situations. Which is why we’re here to help you recover…
Read MoreGibraltar Financial Services Commission (GFSC) – 100% Asleep at the Regulatory Wheel
Faith in Regulations Insolvency & Law (I&L) recently received confirmation from the Gibraltar Financial Services Commission (GFSC) that Castle Trust and Management Services Limited (CTMS) was formally approved to carry out regulated activities under the Financial Services Act 2019. GFSC have confirmed to Insolvency & Law (I&L) that: “Castle Trust and Management Services Limited (“CTMS”)…
Read MoreObtaining an Injunction to Restrain the Presentation of a Winding-Up Petition: A Vital Step for Your Business
The presentation of a Winding-Up Petition can have devastating consequences for your company. If not addressed swiftly and appropriately, it can tarnish your business’s reputation and, in the worst-case scenario, lead to its demise. Faced with a statutory demand for debt, your company must act fast to prevent the presentation of such a petition. At…
Read MoreProtecting Your Business from Late Payments
Late payments can cause significant distress to small business owners, from disrupting cash flow to hindering future growth. New research reveals a 20% increase in businesses waiting over 80 days for payments, illustrating an escalating issue that can transform a simple financial hiccup into a financial nightmare. The Impact of Late Payments The consistent delay…
Read MoreCastle Trust & Management Services Ltd (in Liquidation) – An Update on the Liquidation with PwC Appointed Liquidators
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…
Read MoreGibraltar Financial Services Commission – asleep at the regulatory wheel or driving without due care?
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…
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