PledgeMusic had posted this information on their website when we checked today:
As a result of the making of the order, the Official Receiver becomes liquidator of the company. Any enquiries should be forwarded to LondonB.OR@insolvency.gov.uk, quoting reference LQD5671373.
We gather that what that means is that if you are (1) an artist who is owed money by PledgeMusic, (2) a fan who gave money to an artist who you think did not receive your money from PledgeMusic, or (3) a vendor who didn’t get paid because PledgeMusic didn’t pay your artist, then you should write to that email address which we assume is for the “Official Receiver” who is now in charge of running the case. (OK, that does sound like a character out of Harry Potter, but that’s how it is.)
We also assume because Pledge didn’t say that there is a deadline for submitting your claim there probably is one. That’s probably why PledgeMusic didn’t say what the deadline was, a fact they almost certainly know very well. Because if you fail to get your claim in on time, there’s more for them in the pot. Ponzi to the very end.
You should take legal advice about what you should say and how to handle it, but if you can’t afford a lawyer you could say in your email that you think you are owed money, how much and why, and ask them what you should do about it. It probably wouldn’t hurt to tell them what you have done to try to collect your money from Pledge and the approximate or exact dates you tried to get their attention.
And be sure to tell the Official Receiver if you think Pledge breached its obligations to you or otherwise did you wrong, threatened you, or any other bad stuff.
The Official Receiver probably frequently deals with people who are owed money and have no lawyer so don’t be shy about it. The Insolvency Service (who actually appoints the Official Receiver) also responded to Chris Castle on Twitter:
We will keep you posted with more information as we find out.
