TAG founder, Mark Langford, had assets related to his company frozen by the High Court after its decision to pass the order of application to freeze those assets by TAG liquidator, Begbies Travnor, while the investigation continues regarding the validity of an £11 million dividend paid out by TAG in 2001.

Frozen assets include Mr. Langford's Spanish villa, various bank accounts, and his £1.5 million yacht.

TAG liquidators, Begbies Travnor and Paul Stanley applied and won the asset-freezing injunction to make certain that the Langords' were not spending money or selling assets in question prior to the outcome of the proceedings.

The Accident Group, which is known by the acronym TAG, was founded by Mark Langford as a small personal injury claims firm in 1993. In 1999, after the Access to Justice Act 1999 created a market following the loss of legal aid, the company took off. In the new era of no win, no fee, TAG was responsible for coining the phrase, "where there's blame, there's a claim," and conquering 25% of the personal injury market in less than two years time. The company laid claim that they were one of the fastest growing UK businesses an increase in turnover of 179 per cent. TAG is based in Manchester, and part of the Amulet Group, the firm's method of operation was to ask the claimant to take out a bank loan to pay for a post event insurance policy. The issuing bank would pay TAG fees, and would subsequently be reimbursed from the damages won in the claimants case, or at least that is how it was supposed to happen. If the claimant lost the case, the insurance policy would pay the bank back and the claimant would walk away no worse for wear, and thus the claim - no win, no fee. Then the company stopped paying back the bank loans and the company began to collapse.

The proceedings brought forth by the Department of Trade and Industry's Insolvency Service could disqualify Mr. Langford from directorship for up to 15 years. Debbie Langford, Mark's wife and fellow director, must face similar proceedings and possible directorship disqualification. Mrs. Langford has been ordered by the High Court to repay £253,200 of her TAG director's salary, £45,000 in costs and approximately £70,000 in interest.

Earlier in 2006, six other TAG directors consented not to continue or act as directors for a period of several years. The Langford legal representatives would not comment on the pending case.