Haven't checked myself but wasn't Chanrai's security over CSI supposed to have been registered as recently as a week or two ago?
Now, it might be perfectly legit but it will certainly be subject to potential challenge from other creditors of CSI. If a company is on the brink of insolvency it can't simply do a deal with a particular creditor to give that creditor priority over the others. There is a thing called the "relevant period" in the run up to insolvency. If it turns out the company was in fact insolvent during the relevant period then the security granted during that period can possibly be unwound.
This is what's known as granting a creditor a "preference" under the Insolvency Act '86. Andronikou has a duty to look into this (lol).
I'm posting in a hurry but if anyone with more time wants to verify this point and post the relevant statutory extract for the interest of our other esteemed members then just Google "preference insolvency act" and you'll probably find the relevant stuff.
In short, I'm saying that a recently registered charge over CSI may well stink.
It's between Temple Meads and the ground so is not out of your way. About a twenty minute walk from each. It's got a decent website, give it a Google. Nice pub that overlooks the waterfront, you can stand out the front with a pint and watch the boats and rowers go past.
I think these dinners are really useful.
For example, I have learnt that JRM and Sour Mash are complete divs.
Also, anyone who didn't already know (unlikely, I concede) has also learned that Hypocondriac is a prize cockle.
Hardly surprising.
I've said all along, that toilet will be the death of them. Largesse on that scale simply can't be justified in today's economic reality.