Cabot Financial UK Ltd

[mystery1]

Re: Cabot Financial UK Ltd

[QUOTE=nemesis45;585889]

Good morning M1,

My " guess " at moment is that the "new" Cabot group the two main firms Cabot Europe Ltd & Cabot ( Marlin) have adsorb the
business of Cabot UK Ltd., similar things happened years ago with I think Lowell Financial, Lowell Portfolio, Lowell Portfolio1/2.
As said the FCA does not appear to be concerned about the Cabot scenario.

nem

Whilst i would hope they would the main concern is the court and winning the cases. Criminal action would just be a Brucie bonus.

M1

[nemesis45]

Re: Cabot Financial UK Ltd

[QUOTE=mystery1;585903]

Whilst i would hope they would the main concern is the court and winning the cases. Criminal action would just be a Brucie bonus.

M1

Stymied by official disinterest M1
2 more Cabot claims seen this morning with notice of change of claimant claims issued 4-6 weeks ago.
As others have said I can't see Stannard and or Ross-Roberts allowing such a situation to arise.

nem

[mystery1]

Re: Cabot Financial UK Ltd

[QUOTE=nemesis45;585909]

Stymied by official disinterest M1
2 more Cabot claims seen this morning with notice of change of claimant claims issued 4-6 weeks ago.
As others have said I can't see Stannard and or Ross-Roberts allowing such a situation to arise.

nem

Got links ?

M1

[nemesis45]

Re: Cabot Financial UK Ltd

[QUOTE=mystery1;585915]

Got links ?

M1

Cases I'm dealing with in the military community M1.
The notices have been faxed to me overnight.

nem

[mystery1]

Re: Cabot Financial UK Ltd

Have defences been filed ?

M1

[nemesis45]

Re: Cabot Financial UK Ltd

Have defences been filed ?

M1

One yes One No.
Both currently unenforceable no agreements.
Both defendants deployed OS.

nem

[mystery1]

Re: Cabot Financial UK Ltd

Have the POCs been amended ?


M1

[Berniethebolt]

Re: Cabot Financial UK Ltd

When did Lowell Portfolio 1 cease to exist , I thought they were still an entity with a CCL

having said that the FCA clearly stated that they were going to be tough and uphold the regulations

[nemesis45]

Re: Cabot Financial UK Ltd

When did Lowell Portfolio 1 cease to exist , I thought they were still an entity with a CCL

having said that the FCA clearly stated that they were going to be tough and uphold the regulations

No mention of ceasing to exist!

nem

[nemesis45]

Re: Cabot Financial UK Ltd

Have the POCs been amended ?


M1

Yes, CF Europe Ltd.
nem

[mystery1]

Re: Cabot Financial UK Ltd

The particulars of the claim i.e. the statement of case. Have they changed at all or is it just the claimant details on the top left that changed ?

M1

[Berniethebolt]

Re: Cabot Financial UK Ltd

No mention of ceasing to exist!

nem

I clearly misunderstood the post

[nemesis45]

Re: Cabot Financial UK Ltd

I have has contact from the FCA regarding the Cabot affair and have listed the
various " problems " experienced " with their conduct including the current nonsense and
The 40 days to comply with a CCA request, the refusal of their solicitors to comply with CPR 31.14.
and everything else I can think of.
Jon the Lowell situation was similar to the Cabot reorganisation of the group with the connection
with Interlaken Group and later Freds.
The Register at present does not appear to be up to date.

nem

[pt2537]

Re: Cabot Financial UK Ltd

I have has contact from the FCA regarding the Cabot affair and have listed the
various " problems " experienced " with their conduct including the current nonsense and
The 40 days to comply with a CCA request, the refusal of their solicitors to comply with CPR 31.14.
and everything else I can think of.
Jon the Lowell situation was similar to the Cabot reorganisation of the group with the connection
with Interlaken Group and later Freds.
The Register at present does not appear to be up to date.

nem

19.2
(1) This rule applies where a party is to be added or substituted except where the case falls within rule 19.5 (special provisions about changing parties after the end of a relevant limitation period^(GL)).
(2) The court may order a person to be added as a new party if –
(a) it is desirable to add the new party so that the court can resolve all the matters in dispute in the proceedings; or
(b) there is an issue involving the new party and an existing party which is connected to the matters in dispute in the proceedings, and it is desirable to add the new party so that the court can resolve that issue.
(3) The court may order any person to cease to be a party if it is not desirable for that person to be a party to the proceedings.
(4) The court may order a new party to be substituted for an existing one if –
(a) the existing party’s interest or liability has passed to the new party; and
(b) it is desirable to substitute the new party so that the court can resolve the matters in dispute in the proceedings.

I cant see how it can be desirable to substitute the Claimant when there is an illegality issue, quite simply substitution can be challenged on this head alone.

[Berniethebolt]

Re: Cabot Financial UK Ltd

Thanks Nem
If memory serves me that was only 2 or 3 years ago, complete crossed wires . Glad its sorted