Manolete Partners PLC is a leading UK insolvency litigation financing company.
Having completed investments in 275 specialist insolvency cases, we are renowned for our unparalleled knowledge of the Insolvency and Recovery sector. We work alongside IPs from all of the “Big Four” through to one and two partner specialist practices in the regions. Case values range from £20k to £65m. HSBC provides Manolete with a £20m revolving credit facility (on listing) – together with our substantial quoted equity base, this gives us the financial muscle to support claims.
Manolete was founded in 2009 by its CEO, Steven Cooklin, a UK Chartered Accountant and a multi-award winning corporate finance expert.
Our Board comprises: Peter Bertram, our independent Chairman, who has served as a Director on several publicly listed companies, Dr Stephen Baister was Chief Bankruptcy Registrar from 2004 to 2017 and Lee Manning was a partner and licensed insolvency practitioner with Deloitte LLP from 2004 to 2018.
Manolete invests in all cases directly from its own UK PLC balance sheet. It is not dependent upon any external funding approvals and does not use opaque offshore SPV structure.
IPs will often introduce their tried and trusted lawyers. We then combine to form a powerful three-way team: with Manolete financing the work of the IP and lawyers to make optimal recoveries for the creditor estates that they represent. Manolete always assumes the entire risk of the case enabling the IP to make best use of his or her Insolvency Act powers in the interests of creditors. Lawyers and other professionals working on our cases are remunerated as and when the work is done – they are never asked to act contingently.
We have a proud record: every IP who has ever worked once with Manolete, has always returned to us with further cases. The large majority of our work is repeat business.