The following is an official statement from the Caterham F1 team.
Reports from the field and Caterham's official statement are conflicting as this story unfolds.
"There have been unfounded and unsubstantiated rumours concerning actions against 1MRT, the entrant and owner of Caterham F1.
An action was threatened yesterday against a supplier company to 1MRT. This company is not owned by 1MRT and it has no influence over the entry of Caterham F1 or the entrant.
Also, contrary to uncontrolled rumours, all operations are currently in place at Leafield and the race team is doing its preparation in Japan."
Update: A team source has since said that they will operate as normal and plan to race this weekend in Japan despite bailiffs visiting their Leafield factory. They would not confirm that the bailiffs took anything however.
There have been unconfirmed reports that the Leafield factory has been seized and that the staff was told to turn off servers and leave the premises. The reports suggested that both police and bailiffs were on site.
One site states that among the assets seized were a 2013 test car, Caterham parts heading to Japan, steering wheels, team memorabilia, pit lane equipment, wheels/tyres, televisions, computers, and more. It should also be noted that there are seven Caterham companies at the Leafield site.