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 Grim Truth Behind 79th Luxury Living Six Ltd: What Every Loan Note Holder Needs to Know
Episode Description:
In this episode, we take a deep dive into the collapse of 79th Luxury Living Six Ltd and expose what the administrators have now confirmed. From the complete lack of development assets to the complex web of offshore fund transfers, the facts are now out in the open, and they’re worse than many feared.
We explore:
- What the administrator proposals reveal about the true state of the company
- The role of the Webster family at the heart of the 79th Group
- How investor funds were spent and where the money went
- Why civil recovery, not administration, is now the only viable option
- The urgent steps investors should take to protect their position
Who Should Listen:
This episode is essential for anyone who invested in 79th Group loan notes, financial advisers supporting affected clients, and anyone researching high-risk property-based investment schemes.
Resources Mentioned:
- Administrator proposals published 10 June 2025
- Insolvency & Law recovery services: www.insolvencyandlaw.co.uk
- Contact the investigations team: investigations@insolvencyandlaw.co.uk
Disclaimer: Insolvency & Law Ltd does not act as a firm of solicitors or as licensed insolvency practitioners. We do not carry out any regulated activities as defined under the Legal Services Act 2007 or the Financial Services and Markets Act 2000. All information and commentary concerning The 79th Group, including that published via our blogs and podcasts, is made available free of charge for informational and educational purposes only and should not be regarded as legal or investment advice.
In suitable circumstances, I&L may take legal assignment of loan notes issued by 79th Group companies and act in its own name and at its own cost and risk to pursue enforcement and recovery. Loan note holders assigning claims to I&L are not exposed to the cost of such action.
For enquiries concerning The 79th Group, please contact: investigations@insolvencyandlaw.co.uk