Ian wrote: If any of you had seen the dismissive wave of the hand, by David Hinchliff, when talking about the Trust Fund (£337,000) and the words 'It's gone, it's as simple as that', you would have been chilled to the bone.
As the second charge on the freehold I find that hard to believe. The mortgage was to cover £2.7m which will be the first charge. 666 has apparently offered £3.5m for the freehold so surely the trust money is safe if the value exceeds 1st & 2nd charges.
Games of brinkmanship again I suspect, shareholders being 3rd+ charges on the freehold. We shouldn't release the charge without payment in full.