Insolvency & Law Business Advice Show
Peter Murray is the director of Insolvency & Law, a multi-award-winning consultancy providing commercial debt recovery, credit management and corporate insolvency solutions since 2009. Each week, we offer in-depth analysis of the issues affecting company directors and business owners.
Insolvency & Law Business Advice Show
The 79th Group Collapse Update: What Loan Note Holders Must Know Now
Episode Description:
In this episode, we explore the accelerating financial collapse of companies within The 79th Group. With multiple firms entering administration and court rulings piling up, loan note holders face serious risks-especially those unaware of how much their supposed “secured” investments may actually be worth.
Our insolvency and debt recovery experts break down what’s happened so far, what’s likely to come next, and what practical steps you can take to recover your funds.
Whether you’ve already received formal notice or are still waiting for clarity, this episode will help you understand your position and your rights.
What You'll Learn:
- The current status of 79th Group companies in administration
- Why “secured” loan notes may still be treated as unsecured
- What administrators are required to disclose-and when
- The limits of relying on administration or police investigations for recovery
- How to pursue compensation through:
- APP Recovery (bank refunds)
- The Proceeds of Crime Act
- Third Party Recovery using insurance cover from regulated firms
Key Takeaway:
Loan note holders must act quickly. Relying on insolvency processes alone is unlikely to result in recovery. Civil action-especially through third-party claims-offers the most viable path forward.
Get in Touch:
If you're a loan note holder affected by The 79th Group’s collapse, contact Insolvency & Law today to discuss your options.
Email: investigations@insolvencyandlaw.co.uk