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The reason for no progress for the last many months is because of the SRA intervention and the languishing of cases in the care of Gordons, the intervening firm. Before that, although the process had taken longer than anticipated because of the various strategies that the banks employed, a crucial stage had been reached when […]
Read MoreYes, the principles behind the reports and the bases of the claims contained in the reports had all been checked by barristers. They reported on the likelihood of success of various arguments as to causes of miscalculation and misapplication of fees etc. It was those arguments to which they attributed a chance of success of […]
Read MoreThey are two facets of the same thing. The audit report is a report that is only possible once the calculations have been made. These calculations depend on: a decision on the circumstances under which it should be considered that a miscalculation or misapplication of charges is made (this is made by the law firm […]
Read MoreThis is what we have been reported by the Allansons team: the reports were produced by experts in the field. the calculation tool was audited by further experts in the field the principles of claimed miscalculations were reviewed by barristers with relevant expertise and opinions given as to the chances of success in court (which […]
Read MoreThere are two ways to look at this question: the market value and the cost of production. In terms of market value, the answer is yes: this was the going rate for such audit reports and continued to be so until recently. Indeed, even though it is the case that there are more expert report […]
Read MoreYou can contact the Liquidation Committee by sending an email to enquiries@allansonscommittee.co.uk
Read MoreNo. They are there simply to assist the Joint Liquidators and do not receive any preference in the Liquidation.
Read MoreThe Liquidation committee are there to represent the body of creditors generally. They will act as a sounding board for the Liquidators when creditor input is required. A key function will be to consider resolutions put forward by the Joint Liquidators, including one for fees.
Read MoreUntil we have had the opportunity to scrutinise the client files, we are not in a position to confirm how claim assets or potential recoveries relating to claims will be treated.
Read MoreOur solicitors have written to the SRA’s agents who are holding these records and we are currently awaiting their response.
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