Awards and citations:


1997: Le Prix du Champagne Lanson Noble Cuvée Award for investigations into Champagne for the Millennium investment scams

2001: Le Prix Champagne Lanson Ivory Award for investdrinks.org

2011: Vindic d'Or MMXI – 'Meilleur blog anti-1855'

2011: Robert M. Parker, Jnr: ‘This blogger...’:

2012: Born Digital Wine Awards: No Pay No Jay – best investigative wine story

2012: International Wine Challenge – Personality of the Year Award




Thursday, 26 July 2012

1855 – can't pay €2750 or won't pay or trading while insolvent?


Charles Ponzi signing cheques – did he pay by instalments, too? 


Here is another extraordinary chapter in the 1855 saga. In 2009 TF ordered some 2008 Mouton-Rothschild en primeur from 1855 and then later also ordered some other 2009 Bordeaux en primeur. As is their practice 1855 failed to deliver the Mouton-Rothschild, so TF took his case to a Paris court. He was given judgment in his favour with 1855 ordered to pay €2750. TF instructed a bailiff (l'huissier) to collect the debt.

Amazingly the bailiff came back to TF and told him that 1855 was in financial difficulties, so could not pay €2750 and could they pay by instalments?!!

TF has told the bailiff that instalments are not acceptable. The bailiff has undertaken to seize assets to the value of €2750 if the debt isn't paid by the end of this week. 

If 1855 cannot pay the relatively trifling sum of €2750, does this indicate that they are trading while insolvent?


What I wonder does Jean-Pierre Meyers make of this?

Also small wonder that 1855 is no longer a member of La FEVAD

Message from TF (26.7.2012)

Jim

I thought that you would be interested in the email exchange below.

I have a judgment and have instructed a huissier who tells me that 1855.com is unable to settle the €2,750 judgment debt unless it pays by instalments.

It’s beyond a joke.

Regards

TF

The email correspondence:  



From: f.rodriguez@nocquet.org [mailto:f.rodriguez@nocquet.org] On Behalf Of huissiers@nocquet.org
Sent: 26 July 2012 10:23
To:  TF
Subject: Tr : Réf : Tr : RE: S005350/RG NO 91-11-137/ SA 1855

 

----- Réacheminé par Francisco RODRIGUES/noc le 26/07/2012 11:25 -----
Emma Martineau/noc
26/07/2012 11:10
A
huissiers/noc@noc
cc

Objet
Réf : Tr : RE: S005350/RG NO 91-11-137/ SA 1855Lien





Monsieur,

Je fais suite à votre courrier.

La société rencontre des difficultés financières, elle ne peut régler la totalité de la dette en une seule fois.

Si à la fin de la semaine je n'ai reçu aucun acompte, je diligente un procès verbal de saisie vente.

Je ne manquerai pas de vous tenir informé.


Mlle MARTINEAU Emmanuelle
SCP NOCQUET SALOMON FLUTRE
Huissiers de Justice Associés
10 avenue de l'Opéra
75001 Paris
Tel: 01 42 60 33 24
Fax: 01 49 27 06 67
huissiers/noc
Envoyé par : Francisco RODRIGUES/noc
19/07/2012 14:04
A
Emma Martineau/noc@noc
cc

Objet
Tr : RE: S005350/RG NO 91-11-137/ SA 1855





----- Réacheminé par Francisco RODRIGUES/noc le 19/07/2012 14:06 -----
"TF"
<*******.com>
19/07/2012 14:02
A
SCP Nocquet Salomon Flutre 10 av. de l'Opéra 75001 PARIS
cc

Objet
RE: S005350/RG NO 91-11-137/ SA 1855



Cher Monsieur

Ce n'est pas acceptable.

La dette jugement doit être payé en entier en un seul versement.

La société est commercial et possède des actifs qui pourraient être saisis et vendus afin d'effectuer le paiement.

Cordialement

TF



-----Original Message-----
From: SCP Nocquet Salomon Flutre 10 av. de l'Opéra 75001 PARIS [mailto:huissiers@nocquet.org]
Sent: 17 July 2012 17:25
To: TF
Subject: DR:S005350/RG NO 91-11-137/ SA 1855

                                            
 Le 17/07/2012


 REF. à rappeler :
 S00535  /0 / S
 TF
 SA 1855

       EF : RG NO 91-11-137




              Monsieur le Directeur,



              Je fais suite à votre courrier.

              Le commandement de payer aux fins de saisie vente 
a été
              signifié à la société débitrice.

              Cette dernière vient de me soumettre une proposition
              d'échéancier de paiement sans en indiquer les mensualités.

              A réception de la proposition modifiée je ne manquerai pas
              de vous tenir informé.

              Je vous prie de me croire,

              Votre bien dévoué.

3 comments:

Luc Charlier said...

Jim,

It’s my turn to be called “naive” now! I cannot believe this.
Faced with a legal order to pay, and a ballif, 1855 continue their old tricks and no-one seriously objects (legally, that is). Andre Domine is correct, who claims: “ France is the sole country in the EU where no such thing as La Revolution Française ever took place”.
They are mocking law, decency, customers, their profession, the producers they work with ....

I come back to the video of your young friend Emery, which I advised all to watch at the beginning of this story: it is stinking with arrogance, class-conscious pretention and contempt. Robespierre should be back !

Keep going, your story is edifying!

Jim Budd said...

Thanks Luc.It looks as though André is right!

Jim Budd said...

The market knows the true value of this company. The shares closed yesterday at 0.03€. 0.04€ was the high of the week.