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Julie Meyer - about that £172,192.70 owed to Barclays, what is a personal guarantee from you worth?

By Tom Winnifrith | Thursday 24 May 2018


 


With Julie Meyer telling the US taxman, the IRS, that she has just £500 in cash and owing money to three banks, the IRS and HMRC, you might think that her personal situation could not get any worse. Well perhaps it could. I refer you to the administrators preliminary report into the demise of Ariadne Capital Limited below.

You will see that Barclays Bank is owed the sum of £172,192.70 by Ariadne. However if you scroll down to note 17, highlighted by ourselves, you will see that the firm of Leonard Curtis understands that Julie Meyer offered a personal guarantee on this sum.  No bankers are not nice folks so I wonder how Barclays is getting on with collecting on that guarantee?

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