Security Failures in The 79th Group Loan Notes

🎧 Episode Summary:

In this essential episode, Insolvency and Law investigates serious concerns affecting investors in The 79th Group fixed-income loan notes. Following the suspension of redemption and interest payments, and the company’s silence in response to investor enquiries, many are turning their attention to the Security Trustee arrangements that were meant to protect them.

We explore two major red flags:

• The structural weaknesses in the Debenture Deed issued by T and T Trustees.
• Confusion over Castle Trust and Management Services Limited, which remains listed as Security Trustee for certain loan notes—even though it is in liquidation.

Our team breaks down the legal implications, explains the risks of floating charges, vague covenants, and passive trusteeship, and outlines what investors can do next to take control of their position.

Whether you’re a loan note holder, legal professional, or someone tracking developments in the off-plan investment market, this episode is a must-listen.

🔍 What You’ll Learn in This Episode:

• Why the T and T Trustees Debenture Deed may offer little real security to investors
• How a Trustee in liquidation could invalidate key protections
• The risks of vague legal language and unenforceable charges
• What a Lenders Majority Group is—and why it matters now
• How investors can take action despite communication breakdowns

📬 Resources & Contact:

👉 If you’re a The 79th Group investor or are owed money by any company and need legal support, contact Insolvency and Law:
 📧 [email protected]

💻 Visit: www.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: [email protected]