The Department for Business, Enterprise and Regulatory Reform, formerly the Department for Trade and Industry, has issued proceedings against Bordeaux Fine Wines Ltd with a view to compulsory liquidation. An order was made on 19 December 2013 by the court on presentation of the petition for interim insolvency and a provisional liquidator has been appointed.
The Croydon-based firm sold wines from Bordeaux and other fine wine producing regions by cold-calling potential investors.
“The Official Receiver has been appointed provisional liquidator of Bordeaux Fine Wines,” read a statement from the Insolvency Service. “The role of the provisional liquidator is to protect assets in the possession or under the control of the company pending the determination of the petition.
“The provisional liquidator also has the power to investigate the affairs of the company insofar as it is necessary to protect the assets including any third party or trust money or assets in the possession or under the control of the company,” it added.
The return date of the petition is 26 February 2014 and in the meantime those who have bought wine from Bordeaux Fine Wines Ltd are left wondering what has happened to their wine. Edwin Coe has been approached by creditors to represent and protect their interests.
Edwin Coe is a leader in the field of action groups and has an established track-record and an acknowledged reputation for pursuing such claims for consumers. We are ranked leaders in this field in the Legal 500 and Chambers (UK) directories, and received an award from ‘The Lawyer’ for outstanding achievement in our representation of action groups.
If you purchased wine from Bordeaux Fine Wines Ltd, which they were holding for you, whether in bond or not, please contact Edwin Coe using the details below.
For further information on this news release, please contact: