Recent content by Baines49Lee

Oops. I might have started a new rumour..

What is almost certainly incorrectly stated in the Guardian article is the quote that 'any money paid back to 777 must be made available to creditors so it is preventing repayment (negotiation certainly cant be carried out with injunction). Surely we would just paying a loan off as part of its...

Its all a bit legal but surely the injunction clause quoted does not prevent any debt being paid to 777/A-Cap based on the text this would be stated as normal business. 'The Court enters a preliminary injunction that, other than in the normal and ordinary course of business: (A) prohibits...