Norton Deposit Info, It's Demise & It’s New Owners

Discussion in 'Other Bikes' started by John W, Oct 16, 2018.

  1. Or they knew the game was up, but they had someone who would pay the full balance if he could collect his bike. So they stripped one customers bike, so that a full balance could be collected and pocketed in full knowledge that the stripped bike was owned and paid for, and would never be rebuilt...
     
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  2. I have read this thread with interest since it first started, but if this bike stripping tale is true then that goes beyond the pale. If that was my bike then I would not have left without a complete bike, a full refund, or having had the police attend.
    The guy appears to be an out and out crook and if proven I hope that there is a custodial sentence in his near future.
     
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  3. On a lighter note, the Norton clothing I ordered arrived yesterday and I’m very pleased with it, good quality.
    Just a heads up if anyone else was thinking of purchasing any.
    Love Stu....... sorry JAT

    On a more serious note, hopefully everyone who has put a deposit down will be reimbursed. Utter scum bag.
     
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  4. These enquiries are at an early stage and the position will be confirmed in due course, although the it would appear that deposits have not been paid into a specific deposit account.

    Just had the above in an email from BDO today, no shit thought I, it’s in Garners sky rocket!
     
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  5. On ITV news headlines tonight. Lots of questions why the govt pumped millions into it.

    also showed her far he'll stoop: backed remain for Cameron, then brexit for May, then blamed brexit for its collapse
     
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  6. He probably slept very well, these sort of people usually do as they aren't concerned about the consequences.
    They usually trot out lines like 'its only business, not personal'.
    tell that to the people who have lost life savings etc.

    At least the true extent of his dodgy dealings might now come to light.
    The guy next to me at work buys MCN and says yesterdays issue was full of various info (most of which we no doubt know). At least they are finally acknowledging its all gone pete tong.

    Lets hope the administrators aren't the only one to profit out of this, and they manage to reimburse as much as they can.
     
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  7. 2750186D-F4DB-4388-8C6D-7E6F74F6D1D8.png
     
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  8. @Crighton Racing (Face Book) .A short clip of him taking (of what remains) of his V4ss away after it had been striped of parts, sorry i don't know how to post the clip on here. Shocking!
     
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  9. It's really crap, having been the victim of a company going belly up I know what is likely to come to those that are bottom of the pecking order and it is not good - I waited approx. 4 years and got back about 3.5% :(
     
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  10. wot, your hours.. ;)
     
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  11. Apparently not, as “Marche Ouvert” status has been rescinded:


    Marché ouvert
    Bermondsey market enjoyed the status of a ‘marché ouvert’ or ‘open market’ until 1995. This was a medieval French legal concept that allowed for the open sale of stolen goods between the hours of sunset and sunrise in certain designated markets in a City. It was reasoned that anyone who did not bother to check his stolen property was not being openly sold in a local market, had failed to take reasonable steps to recover his property. This explains why Bermondsey traditionally opened at 4 am. Furthermore, marché ouvert allowed anyone purchasing goods from such a market to acquire a legitimate ownership and title to them, even if the goods were stolen.

    Bermondsey market’s shamelessly ‘Del-Boy’ character continued unabated during the 1970s and 1980s, but this was scandalously and publically exposed in the early 1990s. In the early 1990s a number of paintings were stolen from Lincoln’s Inn. These were subsequently sold in Bermondsey antiques market for the ridiculously low sum of £100 each. The purchaser avoided prosecution for handling stolen goods by arguing the sale was subject to the marché ouvert rules operating at the market.

    However, the Honourable Society of Lincoln Inn, whose property the paintings were, is one of the grandest, wealthiest and most powerful legal institutions in the Realm. It is the cradle of Barristers, wet nurse of High Court Judges and includes a rookery of MPs and Ministers as members. Its legislative revenge was the Sales of Goods (Amendment) 1994 Act. This finally killed off the concept of marché ouvert in English Law, but in doing so they confirmed Bermondsey market’s popular reputation for fencing stolen goods.
     
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  12. So the 3.4 million question is, where did it go?, I have to laugh!
     
  13. I didn't know that Fagin and the Artful dodger still had a stall in the market...
     
  14. someone with psychopathic tendencies/no emotional empathy finds it all too easy. I may have mentioned someone similar before - rushed to get his spray booth finished knowing that that company (one of three) was winding up and gave his (expensive back then) £30K car to a "mate" around the same time.
     
  15. So he’s due in with the pension regulator today....
     
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