Loan Demands following the use of a Corporate Loan Scheme

Loan Demands following the use of a Corporate Loan Scheme

There has recently been an increase in trustees of established employee benefit trusts attempting to assign a loan to a third party debt collection agency, out of the trust, who then attempts to issue a statutory demand for recovery of the loan. 

Following the case in FS Capital Ltd & Ors v Adams & Ors [2025] EWCA Civ 53 this practice is subject to substantial defence and the arguments to be deployed are well established following group litigation action that is currently running in similar circumstances. 

However, where a statutory demand is issued this should not be ignored. It is important that you act fast to raise a dispute, where the grounds of defence apply to your own case.  

Should you need any assistance in this matter please contact our team below, who will reach out and take the necessary action on your behalf where instructed. 

It is likely that we are already managing a group for the arrangement that you are in and we anticipate being able to respond to the matter swiftly and conclusively.