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© 2009-10 Antony Batty and Company
Licensed Insolvency Practitioners
3 Field Court, Gray's Inn, London. WC1R 5EF
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2010
17th June - Appointed as Nominee of CVA Proposals of Intellego Holdings PLC, an AIM listed company following the agreement of CVA proposals made by trading subsidiary Intellego Group Limited.
10th May - Appointed as administrators to Mandrake Associates Limited, an FSA registerd Independent Finacial Adviser.
1st April - Following the sale of its business and assets ASG Media PLC - exited Administration via a debt for equity swap Company Voluntary Arrangement and as a result was relisted on AIM and re-named Insetco PLC.
24th February - Appointed to wind up Everfor Resources PLC, and distribute its cash balance to shareholders, the Company was delisted from AIM in January.
2nd February - Appointed as Administrators to Falcon Securities (UK) Limited and Montague Pitman Stockbrokers Limited, FSA regulated Stockbrokers with over 1500 clients. The client list and assets were sold to Libertas Capital on 16th February.
25th January - Appointed to solvently wind up Ichiban UK Limited, following a group restructuring by Mitsui Banking Corporation.
MANDRAKE ASSOCIATES LIMITED
Planned Announcements
Message as of 10th May 2010, MAL has gone into Administration.
The Joint Administrators, Stephen Evans and Antony Batty of Antony Batty & Company LLP are working with staff and management to ensure that any claimants are properly recorded and handled as quickly as possible.
The FSCS (Financial Services Compensation Scheme) is also standing by and is currently in discussion with the Joint Administrators to determine whether or not claimants will be dealt with by the FSCS.
Individual claimants will be notified of the status of their claim when the above has been determined.
It is intended that a website will be available shortly.
2009
22 January – Dividend of 100p in the £1 plus statutory interest paid to unsecured creditors of Electronic Design Automation Limited – In Liquidation.
12 February – Appointed Administrators to MacArthur & Co Limited an FSA regulated, Corporate Finance house based in the city.
6 March - Appointed as Administrators of on line retailer and Notting Hill fashion boutique Coco Ribbon Limited.
11 March - Appointed administrators of Arion Communications Limited. Following a brief period of trading, the business was sold as a going concern, saving all but one job. Arion was one of the last independent film production and editing companies in the UK and had previously traded successfully for 25 years.
23 March - Appointed Liquidators of VEF (UK) Limited a leading UK agency specializing in French and European properties.
17 April - Appointed as Administrators to Sports Media & Strategy Limited, publishers of Sport magazine, following the insolvency of its French parent Sports Medias et Strategies SA. The Business was sold to Talk Sport Radio a subsidiary of Ulster Television and over 20 jobs were saved. Creditors will receive a substantial dividend in the liquidation.
1 May – Appointed Administrators of Xcapewithus Limited an online hotel booking agency with over 6,000 creditors.
5 June – Appointed as Liquidators of AIM listed, Nettworx PLC to wind up the company solvently and distribute over £8 million to shareholders.
19 June – Appointed as CVA Supervisors of Kleenair Systems International PLC, an AIM listed holding company. The CVA provided for creditors to receive equity in lieu of debt.
22 June – Appointed Liquidators of Coral Resources Limited, an Isle of Man holding company with two subsidiaries in the Philippines which have mining interests. A major hedge fund had provided financing to the Group.
9 July – Appointed as CVA supervisors of Marston & Langinger Limited a manufacturer of bespoke timber and glass buildings in the UK and USA. The CVA provided for creditors to receive approximately 40p in the £1 over a five year period.
13 August - Appointed Liquidators of Buddy Musical Productions (UK) Limited, the producer of the touring, and West End show Buddy, the Buddy Holly Story, following the closure of the show.
20 August – Appointed as Administrators of WOW Property Limited a leading online UK estate agency which sold houses for a fixed fee of £999. The assets were sold to management.
18 September - Finalized the CVA of LP Hill PLC an AIM listed shell and made a final distribution of shares in full settlement of the claims received from CVA creditors.
29 September- Appointed Administrators of Borderware Technologies Europe Limited, the UK subsidiary of a Canadian technology company. The UK subsidiary has branches in several European countries.
30 September– Hugh Jesseman was made a Partner of the Firm.
1 October – Nicole Southwell, Claire Howell and Colin Smith joined the firm from BRS Associates Limited, an insolvency practice which Nicole founded in 2007. Nicole will head up and open a new office for the Firm in Essex.
02 November- Appointed as Administrators of ASG Media PLC who supplied outdoor advertising screens mainly to shopping centres. The business and assets of the group were sold to Ram Investment Group Plc.
Please note the above list only includes major appointments.
