Manolete Model Evolves for 2019: Even More Value to Insolvent Estates Introduction from Steven Cooklin 2018 was another busy year for Manolete. We worked on many new cases (signing at a rate of almost one new case per week) and completed many at a similar rate – all delivering record value to Insolvent Estates all […]
Manolete is pleased to announce its intention to apply for admission of its shares to trading on the AIM market of the London Stock Exchange and associated placing. Peel Hunt LLP is acting as Nominated Adviser and Sole Broker to the Company. Admission to trading is expected to occur at 8am on 14 December 2018. […]
Manolete Partners Plc is delighted to announce some recent new appointments to the Board. The Manolete Board now includes five members, comprised of two Executive Directors, Steven Cooklin and Patrick Lineen and three independent Non-Executive Directors, Dr Stephen Baister, Lee Manning and Peter Bertram who will act as Non-Executive Chairman. Chief Executive, Steven Cooklin said, […]
Manolete’s new Northern office has just signed its first live case – we are funding a substantial misfeasance claim on behalf of the liquidators of a Northern-based fashion retail company. Manolete already works directly with a great many Insolvency Practitioners and Solicitor firms in the north of England and Scotland – our business inquiries have […]
Manolete Partners has this week completed a major tax avoidance claim for over £2m. Manolete had taken an assignment of the case. The claim was settled through mediation – the duration of the case was just ten months. In line with many similar cases, the largest creditor in the Estate was HMRC who received over £1m. There was 100% fee […]
Having launched operations in Scotland in September 2016, Manolete has now invested in 8 cases for a variety of Scottish IP Firms. Two of these cases have now resulted in successes for the Estates and six are currently ongoing.
In a Reported Case brought by Mr Tim Ball as Liquidator of PV Solar Solutions Limited, Manolete was able to fund the first ever case where directors duties had been subject to detailed judicial consideration in the context of tax avoidance schemes. The Court Awarded to the Liquidator the full amount of the damages claimed […]
Last week two judgments were handed down on two significant insolvency claims that had been funded by Manolete Partners, each over a two year period. The first trial lasted three days and resulted in a total award of over £1m (including 100% of claimed damages plus interest at 3% compound plus full cost recovery) for […]