Insolvency funder prepares for Covid caseload surge

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Bounce Back Loans – the Never Never Payday

Alison Kirby of Manolete Partners shares that her firm has been reviewing many potential claims relating to the improper use of the UK government’s Bounce Back Loans and explains the types of claims that can be brought against companies and directors in relation to them.

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Manolete appoints Lord Howard Leigh of Hurley as new chairman

Manolete (AIM: MANO), the UK-listed insolvency litigation financing company, has appointed Lord Howard Leigh of Hurley, a chartered accountant and senior partner at Cavendish Corporate Finance LLP, as its new chairman. Lord Leigh will take take over from Peter Bertram, who has held the position since November 2018.

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Manolete reports results for the year ended 31 March 2021

Insolvency litigation funder Manolete Partners has released its full year results for the year ended 31 March 2021. Despite government measures that suppressed the number of insolvencies, the company made a record 198 new case investments in the year and a further record 135 case completions. Manolete reported an average Money Multiple of 2.7x and ROI of 168% on 388 completed cases since inception.

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