Griffins appointed as Liquidator of Total Debt Relief Limited

On 31 October 2018, the Financial Conduct Authority (FCA) successfully petitioned the High Court for Total Debt Relief Limited (TDR) to be wound-up in the public interest.  There was no challenge to the petition by the sole director of TDR nor by its Company Secretary who was also the sole shareholder. The FCA has subsequently…

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October 2018

ANNOUNCEMENT OF DIVIDEND PAID Case Name: Anthony John Bell Type of Insolvency:Bankruptcy Class of Creditor: Non-Preferential Amount of Dividend: 54.19p in the £ Date Paid: 18 October, 2018

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Property for Sale – 15 Eton Avenue, London, N12 0BD

4 bedroom extended family home situated in a popular location in North Finchley and within a short walk from West Finchley tube station and all local amenities. The house provides good size well planned accommodation arranged over three floors with the Master bedroom and large en-suite extended into a full height loft conversion. There is…

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Griffins appointed to Exmoor Partners LLP

On 25 September 2018 Stephen Hunt of Griffins Insolvency Litigation and Forensics was appointed as Provisional Liquidator of Exmoor Partners LLP. Exmoor is licensed by the Financial Conduct Authority to provide payment services and the petition for its winding up is in connection with a number of claims that have arisen through this activity.  It…

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September 2018

ANNOUNCEMENT OF DIVIDEND PAID Case Name: Anne Marie Shore Type of Insolvency:Bankruptcy Class of Creditor: Non-Preferential Amount of Dividend: 121.61p in the £ Date Paid: 4 September, 2018   ANNOUNCEMENT OF DIVIDEND PAID Case Name: Sui Keung Kong t/a The Friendly Type of Insolvency:Bankruptcy Class of Creditor: Non-Preferential Amount of Dividend: 4.23p in the £ Date Paid: 4 September,…

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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…

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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…

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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…

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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…

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