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Place North West | Investors to miss out as Legacie swoops for stalled scheme - Vimarsana News

Place North West | Investors to miss out as Legacie swoops for stalled scheme

Brilliant. Let’s keep this going and get Liverpool out of the negative and into the positive resdevelopment. January 22, 2021 at 10:30 pmBy David What will happen to my deposits, which are used to build this project after LPA sale? Will Legacie complete the leases? This is a serious issue and I hope we’re protected. This is a great lack of vigilance. Previous investors who invested here each lost hundreds of thousands of pounds and are now excluded. Legacie will make money by reselling it from scratch. Where is the victim investors’ money? Who will pay for this? January 24, 2021 at 5:0...

Place North West | Uncertainty over future of Parliament Residence - Vimarsana News

Place North West | Uncertainty over future of Parliament Residence

Dan Whelan The second phase of the 145-apartment scheme in Liverpool’s Baltic Triangle has been placed into receivership after work stalled in November.  LPA receiver David Currie & Co has been appointed to recover a charge lodged by investor Collateral Investments from AC Parl Street 2, the special purpose vehicle set up by developer Assetcorp to deliver the project, according to a Companies House filing.  David Currie, director at the LPA receiver, told Place North West his company had been instructed to find a buyer for the site to recover Collateral’s investment.  Several stakehol...