Legal advice inquired on how to refund my loan investment in the so-called Phoenix Farm

G series investment and purchase related legal consulting
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Ada
帖子: 2
注册时间: 2021年 2月 5日 03:52

Legal advice inquired on how to refund my loan investment in the so-called Phoenix Farm

帖子 Ada »

Dear Attorney,

I'm writing to inquire about how to refund my loan investment in the so-called Phoenix Farm.

I wired funds in late 2020 and signed the agreement per request in December of the same year. However, by far I've received the signed-off agreement, and the dissolution of the Phoenix Farm has been announced dated December 15, 2020. Followed the instruction of the Himalaya team I have accepted the option of a refund of my invested fund via a google link. But the refund has not been scheduled yet. Recently, the investors were required to re-submit the loan agreement through the google link.

Given the above circumstance, I was wondering if the proposed Loan Agreement has been completely ineffective since it has never been duly executed by both parties and if I can legally request a full refund.

Best regards.
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定睛仰望
帖子: 47
注册时间: 2021年 2月 4日 06:30

Re: Legal advice inquired on how to refund my loan investment in the so-called Phoenix Farm

帖子 定睛仰望 »

It will be really nice if you can get your refund by following the instruction of the Himalaya team, and you can continue to try it. Please keep it posted if you have any update.

My understanding is that the purpose of the class of action is to get your money back through the lawsuit against Miles Guo, and thus suppose that you can not get your refund without this lawsuit.
Esquire
帖子: 53
注册时间: 2021年 2月 4日 19:27

Re: Legal advice inquired on how to refund my loan investment in the so-called Phoenix Farm

帖子 Esquire »

I'd have to see the documents signed and the communication you've had. It seems that they have been frivolously telling people that they'll refund them while doing nothing. Log absolutely everything you can and provide us with all of those logs as you feel is necessary to support your claim. We will use them in developing our suit. Then if they issue a refund you can simply opt out. This method ensures that you are letting time pass without getting anything back.
xarthok

Re: Legal advice inquired on how to refund my loan investment in the so-called Phoenix Farm

帖子 xarthok »

xarthok

Re: Legal advice inquired on how to refund my loan investment in the so-called Phoenix Farm

帖子 xarthok »

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