Litigation funder Woodville owes £300 million. It has £255,000.

Administrators of collapsed funder Woodville Consultants say hundreds of millions raised from investors has effectively vanished, with £37 million advanced to companies sharing Woodville's own directors, including £17.6 million to a related entity called Integrity Protect No 1 Limited. Directors have yet to answer "basic questions" about the money, and two law firms on the loan book, owing £51.7 million combined, are already insolvent. Unsecured claims total £298.7 million against £254,734 in cash on hand.

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