Monthly Archives: August 2018

Property for Sale in Stourbridge

Offers in the Region Of £895,000 Located close to glorious countryside, “Sandon House” is an imposing Detached family home, set amongst approximately 6 acres of grounds occupying an enviable position with White Hill. HAVING NO UPWARD CHAIN. Please note that any services, heating system or appliances have not been tested, and no warranty can be…

Property for Sale in London NW10

Asking Price £650,000 An investment opportunity to purchase a mid terraced older style house, presently converted into two, two bedroom self-contained flats. Both flats benefit from two double bedrooms, direct access to a the garden, gas central heating and situated in this most convenient of location. Letchford Gardens is a quiet residential side road, situated in the…

Government proposes to legislate on Value Extraction Schemes

In October 2013 Griffins wrote a paper called “Balancing the Books” that proposed replacing the existing Extortionate Credit Transaction law with a “Fair Dealing” section that would enable an IP to reverse a transaction that; a) required the company to make unfair payments or b) created a disproportionate benefit to a third party at a…

Insolvency in the Restaurant Industry

We are receiving a growing number of enquiries from restaurant owners with concerns about the solvency of their businesses. Alongside the high profile closures and restructuring of groups likes Jamie’s Italian, Prezzo and Byron are thousands of individual restaurant business facing similar problems albeit on a smaller scale.  For many owners the overheads that looked…

Land for Potential Residential Development

A plot of land on the north side of the A80 comprising of the former premises of FEP Heatcare Limited is available for sale. Land Registry plans of site Contact Andrew Fatherly on 0207 554 9644 for further details.  

Griffins appointed to Stadia Trustees Limited

Stephen Hunt of Griffins has been appointed Liquidator to investigate the causes of the insolvency of Stadia. The Financial Services Compensation Scheme (FSCS) estimates that claims against the collapsed SIPP provider Stadia Trustees could be as high as £41 million. A Financial Services Authority inspection in 2011 highlighted problems at Stadia that eventually caused the…

August 2018

ANNOUNCEMENT OF DIVIDEND PAID Case Name: Terence Maurice Connor Type of Insolvency:Bankruptcy Class of Creditor: Non-Preferential Amount of Dividend: 0.51p in the £ Date Paid: 24th August, 2018   ANNOUNCEMENT OF DIVIDEND PAID Case Name: Timothy Stracey Type of Insolvency:Bankruptcy Class of Creditor: Non-Preferential Amount of Dividend: 2.66p in the £ Date Paid: 23rd August, 2018   ANNOUNCEMENT OF…