The new Commentary and Document repository for all things to do with removal of all the current Directors of Albion Technology & General VCT plc before the 2025 AGM - other VCTs to follow (updated 3 March)
THIS WILL BE A SINGLE REGULARLY UPDATED POST WITH LINKS TO ALL DOCUMENTS AS THEY BECOME PUBLICLY AVAILABLE
It will be fixed as the 1st post on this blog whose direct URL is https://albionvcts.blogspot.com/
[UPDATE 3 March]
TRIAL DATE FIXED
2pm Thursday 16 October 2025. Open Court
Hardy letter requesting Register of Members: https://app.box.com/s/8cpr03oziwon49s0y6krn1dtwdv4lwns
Albion's application to the High Court to prevent access:
Claim Form: Ref: CR-2025-000388 filed 23.01.25 1st hearing 13.02.25
https://app.box.com/s/d3hz3a3yjy7e1m9myqemegvovwamr3h6
Witness Statement in support:
https://app.box.com/shared/static/1f1srp9sbqmjods6k680aanasex96s46.pdf (password protected)
14 Feb 2025 AN INTERESTING DEVELOPMENT
The WS has been found to have been before the Court in open session following Albion's "suggestion" that they needed a "waiver" of the otherwise mandatory requirements of PD57AC about the contents of Witness Statements. It was so ordered.
https://app.box.com/s/6vt52xtg97f36x1irqvtk5il03ccljgq
Without the benefit of knowing anything about the reasons being advanced by Albion I asked the Judge to direct me to the relevant legal provisions and have now had a chance to review them and some of the legal commentary. This has serious Costs implications for some, including Albion.
Accordingly I have decided to keep the Deponent's (Clive Stuart Richardson - his name was disclosed in open Court as being a Director of a Public Company - although that seems to be untrue except for the VCT) WS password protected but anyone who has a good reason for asking to access the document can contact me directly.
Hardy Witness Statement 04.02.25 in reply
https://app.box.com/s/bh1p6pgoaywhc16f4x32rgzfb8zest23 (password protected)
Hardy Skeleton Argument 09.02.25 for hearing 13 February.
https://app.box.com/s/otw01nmnjv3c5ujaargr35tk080ip0xv (NOT password protected)
Albion Skeleton Argument 12.02.25 for hearing 13 February
https://app.box.com/shared/static/uz689qg22ugro3idp562j344ybfn1vdk.pdf (NOT password protected)
Albion 2nd Witness Statement 19.02.25.
https://app.box.com/shared/static/iytd8jjfc1izx5vub39hg5oa6o736cc4.pdf (password protected)
ALBION'S 2ND WITNESS STATEMENT dated 19.02.25 CONTAINS OUTRIGHT LIES IN PARAGRAPH 10.
Permission is being sought for an application to commit the Chairman, Clive Stuart Richardson for Contempt of Court. If permission is refused the Court will be asked to make its own ruling under CPR 81.6.
What on earth induces a man with a seemingly hitherto unblemished professional and ethical record as a Director of a $multiBn (albeit now collapsed by more than 99%) medical company to lie under oath?
MGH complaints to:
ICAEW: Dale Cadet: member Macintyre Hudson llp, 4 Albion Capital Group llp members and 3 remunerated ICAEW Member "non-executive" Directors of the VCTs - Patricia Payne, Rhodri Whitlock and Tony Ellingham
Included in Hardy Witness Statement 04.02.25 in reply.
ICAEW confirms investigation opened under ref: 080152/MATTT. 14.02.25
London Stock Exchange: Breach of Admission & Disclosure Standards
FILED 14.14HRS UTC ON 17.02.25 document available after acknowledgement
Financial Conduct Authority:
1. Remove authorisations of: Albion Capital Group llp and its individual members
tba
2. Remove Howard Kennedy Corporate Services llp as an authorised "Sponsor"
tba
Solicitors Regulation Authority:
Investigate and Sanction: Howard Kennedy llp acting in these Legal proceedings in breach of SRA Conflict of Interest rules https://www.sra.org.uk/solicitors/standards-regulations/code-conduct-firms/
tba
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