first_imgOn 11 February 2019 Michael John Stanley, the owner of racehorses through the Layezy Racing Owners Club was declared bankrupt. Philip Duffy and Allan Graham of Duff and Phelps have been appointed as his trustees in bankruptcy.On 8 May 2019 the following companies Layezy Limited, Layezy Racing Limited, Number 1 Guide Limited and Stanley Property Services Limited were subject to winding up orders and were put into compulsory liquidation. On 15 May 2019 Philip Duffy and Allan Graham of Duff and Phelps were appointed as joint liquidators.Information for creditorsIf you have invested in the Layezy Racing Owners Club you should contact the trustees to register as a creditor.If you have information or intelligence relating to the bankruptcy of Mr Stanley you can email this to us, please quote reference number BKT5069848 and include supporting documentation.Anyone who feels they may be a victim of fraud can contact Action Fraud, the UK’s national reporting centre for fraud and cyber-crime.Further information:The British Horseracing Authority has issued a statement on the rules regarding the running of racehorses by insolvent owners and the welfare of the horses.The Insolvency Service is not able to provide any further information at this time. This page is being kept updated.last_img read more