What is Lester Aldridge’s role?
When the SRA intervenes they use an Intervention Agent, such as ourselves, to help with the process. As an appointed agent to the SRA, we visit the premises of the intervened firm with an SRA representative to collect their files on the day of the intervention.
However, we don’t continue the practice of the intervened firm or take over their clients’ matters.
Also, we don’t take over responsibility for payment of any trading debts of an intervened firm. If you are a creditor, you will need to contact the former principal(s) of the intervened firm directly, or their administrators (as applicable).
For more information about the files collected from the intervened firm, see What happens to my papers?
A recent London arbitration decision has looked at how a receiver’s claim for the diminution in the value of a cargo, which arose solely because of the delay by a ship caused by the owners of the vessel, should be interpreted against the backdrop of the Inter-Club Agreement (ICA) wording.
The UK health & social care crisis continues as new Age UK research reports more than 77 deaths occur per day while awaiting care package.