News story

Layezy Racing Owners Club: information for creditors

How to register as a creditor if you are owed money.


On 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.

Information for creditors

If 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.

Published 15 February 2019
Last updated 20 February 2019 + show all updates
  1. Contact details added for the supply of information to the Official Receiver.
  2. First published.