WTF Posted February 26, 2017 Share Posted February 26, 2017 I see that the seven of them were due in court on the 31 January - can't find any records of what happened however, but I did find the cached copy of the court listing https://webcache.googleusercontent.com/search?q=cache:Gjyz94TrMhIJ:https://www.gov.im/lib/docs/courtservice/CourtListings/chancery.pdf+&cd=3&hl=en&ct=clnk I don't suppose anyone know how it turned out? The report of the hearing is now on IoM Courts website. It was pretty boring & procedural in that two of the parties were arguing that the action to have them disqualified from acting as directors was out of time and therefore the matter should not proceed. The outcome was that the court did not agree and the matter can proceed. That does not mean when the matter is eventually heard they will be disqualified that argument reads like yes we did it but you're too late to do anything about it Link to comment Share on other sites More sharing options...
Lost Login Posted February 26, 2017 Share Posted February 26, 2017 I see that the seven of them were due in court on the 31 January - can't find any records of what happened however, but I did find the cached copy of the court listing https://webcache.googleusercontent.com/search?q=cache:Gjyz94TrMhIJ:https://www.gov.im/lib/docs/courtservice/CourtListings/chancery.pdf+&cd=3&hl=en&ct=clnk I don't suppose anyone know how it turned out? The report of the hearing is now on IoM Courts website. It was pretty boring & procedural in that two of the parties were arguing that the action to have them disqualified from acting as directors was out of time and therefore the matter should not proceed. The outcome was that the court did not agree and the matter can proceed. That does not mean when the matter is eventually heard they will be disqualified that argument reads like yes we did it but you're too late to do anything about it Not really. If you get involved in a court matter you want it brought to an end as quickly as possible in your favour. Nobody is paying your legal costs and if a matter is potentially out of time or there is another good reason that the matter should not go ahead you are going to try and take it. Going to a full hearing, even if totally innocent, is going to be expensive and there is no guarantee that even if you win you get costs awarded in your favour. If you look at court reports many of them are hearings about whether a matters should proceed or not for various reasons rather that the hearing of the final matter. Link to comment Share on other sites More sharing options...
Bellefield Posted February 27, 2017 Share Posted February 27, 2017 As Lost Login says, this was more of a procedural defence, they didn't admit to anything, just said that any action by the regulator is now time barred by statute, but the deemster disagreed. https://www.judgments.im/content/J1857.htm Link to comment Share on other sites More sharing options...
Douglas Prom Posted March 1, 2017 Share Posted March 1, 2017 http://www.iomtoday.co.im/article.cfm?id=32220&headline=Directors%20of%20the%20collapsed%20Louis%20Group%20now%20face%20disqualification§ionIs=NEWS&searchyear=2017 Link to comment Share on other sites More sharing options...
paswt Posted March 1, 2017 Share Posted March 1, 2017 thanks for posting "DP", perhaps the congregation would do well to read about their "church elders" conduct . Link to comment Share on other sites More sharing options...
WTF Posted March 1, 2017 Share Posted March 1, 2017 thanks for posting "DP", perhaps the congregation would do well to read about their "church elders" conduct . perhaps another 'collection' is in order? Link to comment Share on other sites More sharing options...
Heffalump Posted July 21, 2017 Share Posted July 21, 2017 Further news from Louis group connected to Rousseau moss, pastor of living hope church. http://www.iomtoday.co.im/article.cfm?id=34921&headline=Second director of collapsed Louis Group agrees to be banned from being a director§ionIs=news&searchyear=2017 Link to comment Share on other sites More sharing options...
Bellefield Posted July 21, 2017 Share Posted July 21, 2017 5 minutes ago, Heffalump said: Further news from Louis group connected to Rousseau moss, pastor of living hope church. http://www.iomtoday.co.im/article.cfm?id=34921&headline=Second director of collapsed Louis Group agrees to be banned from being a director§ionIs=news&searchyear=2017 I wonder if the other directors will get off just with disqualification or whether there will be any jail time for this? These people have fleeced millions of investors and a slap on the wrist is not justice nor a deterrent Link to comment Share on other sites More sharing options...
Aristotle Posted July 21, 2017 Share Posted July 21, 2017 Something I'm curious about. Are all the people involved with the Louis Group members of or affiliated with Living Hope? Did they only employ fellow "believers"? Link to comment Share on other sites More sharing options...
Heffalump Posted July 21, 2017 Share Posted July 21, 2017 1 hour ago, Aristotle said: Something I'm curious about. Are all the people involved with the Louis Group members of or affiliated with Living Hope? Did they only employ fellow "believers"? From what I've read into this they had quite a few members of said church in this organisation. Lucas Nakos, andrew rouse, helen Edwards, Rousseau moss, and a few others who seemed to disappear off the island when this all kicked off. There is mention of A Bateman and Dirk Mudge both who appeared to have connections with living hope in this report https://www.gov.im/lib/docs/iomfsa/PressReleases/lgsfplcinspectorsfinalreport.pdf but apparently they disappeared off the island very quickly after this all came to light. Oh, and don't forget Mr Stanfield, lead pastor of living hope, was cutting ribbons for the opening of the building and was best mates with Mr Louis and the team. Link to comment Share on other sites More sharing options...
Aristotle Posted July 21, 2017 Share Posted July 21, 2017 So is Rob Callister a "believer" ........ Link to comment Share on other sites More sharing options...
Rob Callister Posted July 21, 2017 Share Posted July 21, 2017 12 minutes ago, Aristotle said: So is Rob Callister a "believer" ........ No connection with the Living Hope Church or its Directors...... Link to comment Share on other sites More sharing options...
Aristotle Posted July 21, 2017 Share Posted July 21, 2017 1 minute ago, Rob Callister said: No connection with the Living Hope Church or its Directors...... So your involvement with the Louis Group came about only after it had already entered into liquidation, you were not part of the original Louis Group but were employed by a third-party liquidator? I am not asking leading questions. Just curious as I do not know the answer. Thanks. Link to comment Share on other sites More sharing options...
Rob Callister Posted July 21, 2017 Share Posted July 21, 2017 7 minutes ago, Aristotle said: So your involvement with the Louis Group came about only after it had already entered into liquidation, you were not part of the original Louis Group but were employed by a third-party liquidator? I am not asking leading questions. Just curious as I do not know the answer. Thanks. Yes, the FSC (now FSA) suspended the investment funds in 2009, the investment team was also made redundant in 2009. In joined the Louis Group in 2010 in order to review all the investment property structures I have already explained my involvement in the Louis Group several times on Manx Forums. Link to comment Share on other sites More sharing options...
hboy Posted July 21, 2017 Share Posted July 21, 2017 20 minutes ago, Rob Callister said: Yes, the FSC (now FSA) suspended the investment funds in 2009, the investment team was also made redundant in 2009. In joined the Louis Group in 2010 in order to review all the investment property structures I have already explained my involvement in the Louis Group several times on Manx Forums. You did actually work for Louis Group though as a Fiduciary Managed didn't you not for an independent liquidator, and you were a director on Louis Group Companies from the filing history at UK Companies House. https://beta.companieshouse.gov.uk/company/07036362/filing-history Link to comment Share on other sites More sharing options...
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