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Hi,
Over the past 2 years I have invested in so called Peer to Peer lending. For example myself and 5000 others will invest in a property development project through an online platform eg "Mousey Lending Ltd" who will act as an agent on our behalf. We will then take a percentage of the interest.
Several platforms have had difficulty in obtaining repayment from the borrowers and have commenced legal action. In one notable case (https://www.3harecourt.com/assets/as...3_44227436.pdf) the borrower has obtained permission to join the lenders to the claim against the agent. In that specific case - BL-2018-000367 - the claim has been heard at the Rolls Building. Some of the investors have set up an alert on their daily cause list (http://www.justice.gov.uk/courts/cou...t-cause-rolls2) to notify them then hearings have been taking place and we've been able to attend them to take notes. Using CE-File we were able to obtain copies of the POC and defences which has been useful.
Due to various reasons the Agent has not been forthcoming with information about these cases and as such we've had to take to investigate ourselves. We have reason to suspect another borrower will be taking action at the High Court in Birmingham but I can't seem to find a cause list similar to the Rolls Building or any sort of CE-File. How do the systems at these courts work... as in how can a member of the public search and indeed access records if they exist?
Over the past 2 years I have invested in so called Peer to Peer lending. For example myself and 5000 others will invest in a property development project through an online platform eg "Mousey Lending Ltd" who will act as an agent on our behalf. We will then take a percentage of the interest.
Several platforms have had difficulty in obtaining repayment from the borrowers and have commenced legal action. In one notable case (https://www.3harecourt.com/assets/as...3_44227436.pdf) the borrower has obtained permission to join the lenders to the claim against the agent. In that specific case - BL-2018-000367 - the claim has been heard at the Rolls Building. Some of the investors have set up an alert on their daily cause list (http://www.justice.gov.uk/courts/cou...t-cause-rolls2) to notify them then hearings have been taking place and we've been able to attend them to take notes. Using CE-File we were able to obtain copies of the POC and defences which has been useful.
Due to various reasons the Agent has not been forthcoming with information about these cases and as such we've had to take to investigate ourselves. We have reason to suspect another borrower will be taking action at the High Court in Birmingham but I can't seem to find a cause list similar to the Rolls Building or any sort of CE-File. How do the systems at these courts work... as in how can a member of the public search and indeed access records if they exist?
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