The number of cases backed by Manolete has now almost doubled in the last 10 months to 90.

We continue to work with insolvency and rescue advisors across the UK – from the “Big 4” through to one and two partner specialists in the UK regions.

A key development in the last year has been the large increase in cases referred to us by specialist insolvency law firms.

Manolete continues to finance claims from as little as £20,000 through to £50m+ claims.

In recent weeks noteworthy concluded cases include the following (figures are the cash settlement figures):

– £362k wrongful trading claim

– £375k preference claim

– £143k breach of franchise agreement

– £30k preference claim

– £40k supplier dispute

– £105k Transaction at Undervalue

– £40k illegal dividend claim

On average Manolete are settling insolvency claims at the rate of one per week.

Smaller claims tend to be settled within a few weeks. The average across the entire portfolio of 90 claims (including several very large, long running cases) is just 5 months.

In all cases over 80% of the settlement figure is available for distribution to the insolvent estate and Manolete.

Once we complete our 100th insolvency litigation investment we will be publishing a full review of Manolete’s performance across the portfolio of cases

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