Cabot Financial UK Ltd

[nemesis45]

Further to the numerous queries on the validity of Cabot Court Claims.
I have been advised that:
A firm may operate as an " Authorised Representative" in an arrangement
with an " Authorised Firm" ( The Parent Company) to act as an Authorised
Representative before the end of the application period.
I have now asked if this is the case with Cabot Financial UK Ltd and if the
claims issued prior to the Company's Interim Permissions Lapsing.
My feeling at present is that this is what is happening

nem

[unluckyjim]

mmmmm.

[charitynjw]

Re: Cabot Financial UK Ltd

Capt H's own thread on same topic.
http://www.legalbeagles.info/forums/...261#post719261

[nemesis45]

Re: Cabot Financial UK Ltd

Can some precis this thread for me, please, with regard to Cabot's multiple companies? Can one pursue on behalf of another?

A Licensed (FCA) company can use " Authorised Representative " appointed to deal with accounts on their behalf.

nem

[Captain Haddock]

Re: Cabot Financial UK Ltd

Can some precis this thread for me, please, with regard to Cabot's multiple companies? Can one pursue on behalf of another?

[Amethyst]

Re: Cabot Financial UK Ltd

If they have discontinued then the stat barred period continues running as if the claim had never been brought. I do have a reference for that I'll dig out later.

Also they could come back but as they discontinued AFTER a defence had been entered they would need permission of the court to bring a second claim based based on the same cause of action.

[asifsh]

Re: Cabot Financial UK Ltd

Good news.

Can they come back at a later date with a claim from a registered arm of their business, or if CF (UK) Ltd registers? I ask as my partner has a claim against her at the moment.

Also someone please advise, if a discontinued claim resets the SB period.

[TVJonesClassic]

Re: Cabot Financial UK Ltd

Good news.

Can they come back at a later date with a claim from a registered arm of their business, or if CF (UK) Ltd registers? I ask as my partner has a claim against her at the moment.

[R0b]

Re: Cabot Financial UK Ltd

Glad to hear

[mystery1]

Re: Cabot Financial UK Ltd

Received a copy of 'notice of Discontinuance' from Claimant's solicitors today.

Thanks all.

Didn't fancy a hearing on whether they were breaking the law or not then !

M1

[nemesis45]

Re: Cabot Financial UK Ltd

Received a copy of 'notice of Discontinuance' from Claimant's solicitors today.

Thanks all.

That's good all over now!!

nem

[MIKE770]

Re: Cabot Financial UK Ltd

[QUOTE=asifsh;592244]Received a copy of 'notice of Discontinuance' from Claimant's solicitors today.

Thanks all.[/QUOTE

Well Done

[asifsh]

Re: Cabot Financial UK Ltd

if @pt2537 is able to supply details, I would be inclined to point this out to the court and ask for a stay on proceedings until such case has been concluded.

You said a hearing in 3-4 weeks, have you received an order from the court yet?

Received a copy of 'notice of Discontinuance' from Claimant's solicitors today.

Thanks all.

[asifsh]

Re: Cabot Financial UK Ltd

if @pt2537 is able to supply details, I would be inclined to point this out to the court and ask for a stay on proceedings until such case has been concluded.

You said a hearing in 3-4 weeks, have you received an order from the court yet?

Not as of yet. The judge made a verbal order to submit witness statement with mention of judgement (Hicks v Walker and Reynolds) by 23rd Nov 2015. I am not sure about the next hearing date, but I expact it around 14 days from 23/11/15.

[R0b]

Re: Cabot Financial UK Ltd

if [MENTION=551]pt2537[/MENTION] is able to supply details, I would be inclined to point this out to the court and ask for a stay on proceedings until such case has been concluded.

You said a hearing in 3-4 weeks, have you received an order from the court yet?