Harlequin Investor Group

Call us on 01384 889900 (Brierley Hill) or 0161 714 4520 (Manchester)

HARLEQUIN DEAL ALERT - BE PREPARED

If any deal goes ahead for Harlequin, investors need to be ready to act. There are a number of options :-

The "Liquidation Option"

1. A deal involving a liquidation of the Harlequin asset owing companies.  The liquidator will then sell the assets to a bidding company.  The bidding company would acquire the assets free from any claims from investors - eg all investors become unsecured creditors in the liquidation.

The key issues under this option for investors would be :-

(a) was the transaction at arms length ?

(b) Does David Ames, his family members or a part holding as a nominee retain any interest in the bidding company ?

(c) does the transaction represent the best option for creditors ?

Remember, under this option David Ames as sole shareholder and director can pick which liquidator he appoints.

The "Historical Option" :-

2. The companies are sold. The bidding company acquires the assets and liabilities.  We do not see this as an option any third party would want.  Why inherit the historical problems ?

Preparation

We have lawyers in the main jurisdictions.  We have a very detailed understanding of the companies.

We have been instructed by (in the past) or continue to be instructed by significant numbers of Harlequin investors.   We have the ability to reach the majority of investors quickly.

Preparation is key and lack of it will allow those who do not hold investor interests at heart to act without challenge.

Regulatory Legal Solicitors

CLAIMS GUIDANCE

Regulatory Legal are dealing with a large number of Harlequin investors who have made their investments in different ways and we are committed to trying to assist as many investors as we possibly can. To do this, we have teamed up with a number of partners who have specialist expertise in particular types of claims and who may be able to assist you on certain aspects of your potential claim.  More information on how the different types of investment claims can be pursued is set out in the attached documents. 

You may have several investments, or investments which fall into more than one category, for instance you may have separate claims against both your SIPP Provider and your financial adviser, or against your financial/mortgage adviser and your sales agent.

If you received advice from Birchall Blackburn or Grace & Co Solicitors please contact Rebecca Handley on 01384 889 900.

If you wish this Firm or one of our specialist partners to consider your matter further, please complete and return the applicable  forms together with all documents requested.

HARLEQUIN - SOLVENCY DECLARATION

David Ames - Statutory Declaration

We feel it important that Harlequin confirm their solvency. See attached declaration sent to David Ames's lawyers. We can see no reason why this cannot be attended to.  It would provide reassurance.

Latest Activity

Profile Iconwilliam rhead and Andrew Green joined Harlequin Investor Group
6 hours ago
Timothy Clive Neale replied to Julie Collier's discussion Part Cash / Part Loan Investor
"I'm sorry to go on about this.some of the investors have given their £50000. Why'll The rest of us investor have to wait for Mr D Ames to put his head ass hole before any of us get a sinff of our £50000.all because we have to…"
8 hours ago
Timothy Clive Neale replied to Julie Collier's discussion Part Cash / Part Loan Investor
"Well in my right ankle I had a major op wich I had three jory's fuses back with ten pins and two planes. And key hole surgery in left still having problems with it."
yesterday
Andy replied to Julie Collier's discussion Part Cash / Part Loan Investor
"Fully understand about Arthritis and what it can do to be debilitating Timothy I had what was left of my ankle taken out and I have two big screws holding my foot to my leg, not much fun really "
yesterday
Timothy Clive Neale replied to Steve Perriam's discussion CAPITULATION AND ATTRITION
"There's not much else he can do but go down with his sinking ship the only way now haha."
yesterday
Timothy Clive Neale replied to Julie Collier's discussion Part Cash / Part Loan Investor
"I suffer with osto Arthritis I have it in my right hand too. And it is unbearable with it in my ankles."
Saturday
Andy replied to Steve Perriam's discussion CAPITULATION AND ATTRITION
"David, Many thanks for your explanation of how you perceive matters. I'm in full agreement with what you say. RL have been sterling on this, they have worked really hard for all investors. Getting the SIPP's out of the way will hopefully…"
Saturday
alan james neatis replied to Steve Perriam's discussion CAPITULATION AND ATTRITION
"Thanks David...good luck to you and all other investors"
Saturday
david Peck replied to Steve Perriam's discussion CAPITULATION AND ATTRITION
"NWNF means you don't pay costs if you lose. It also means the solicitor will take larger cut for win (15% in RL's case). SIPP operators may, at the discretion of their insurers, be willing to make an offer. I don't know anything about…"
Saturday
alan james neatis replied to Steve Perriam's discussion CAPITULATION AND ATTRITION
"Thanks for that David... I assume you are in a similar position to me...RL say any further settlement could take 18 months...maybe the SIPP operators will offer us a compensation before it goes to court or maybe they will dig their heels in...I…"
Saturday
david Peck replied to Steve Perriam's discussion CAPITULATION AND ATTRITION
"Thank you, it seems the fact you lodged a claim in Feb14 would likely have put you up the queue. The SIPP operator claim will be a civil case in which RL will look to demonstrate the operator did not perform their duty as a trustee of your pension.…"
Saturday
alan james neatis replied to Steve Perriam's discussion CAPITULATION AND ATTRITION
"Hi David ...not sure why I got paid..im over 55 so that may have had a bearing ..also I originally put a claim in to the FSCS directly in Feb 2014 and then later asked RL to do the claim for me...I actually think anybody claiming directly would get…"
Saturday
david Peck replied to Steve Perriam's discussion CAPITULATION AND ATTRITION
"Alan, did you have a medical condition which gave your case priority? Congratulations on getting the payout. RE SIPP operator fees, it's my understanding RL is forming a group action against the operators for lack of due diligence. The…"
Saturday
alan james neatis replied to Steve Perriam's discussion CAPITULATION AND ATTRITION
"Julie...Andy is right...Lifetime and Guardian...i was just given Heritage..didnt even know what a SIPP provider was tbh...as it turns out a SIPP provider can charge what they want... Heritage is more expendive than most...it doesnt seem right that…"
Friday
Andy replied to Steve Perriam's discussion CAPITULATION AND ATTRITION
"The simple answer to why they are Alan is because they have a signed contract saying they can, it is as easy as that. Why would we have ever quibbled on the specific clause, even if we remembered where it was within the contract. Shame our contracts…"
Friday
Andy replied to Steve Perriam's discussion CAPITULATION AND ATTRITION
"I would imagine Julie they are Lifetime SIPP and Guardian SIPP "
Friday

LEGAL OPINIONS

All,

The opinions on here are just that, opinions.  To provide legal advice, we need to be instructed and fully appraised of your position.

Guidance is all we can provide here. For advice, please contact us.

 
 
 

Forum

Part Cash / Part Loan Investor

Started by Julie Collier in Investor Discussions. Last reply by Timothy Clive Neale 8 hours ago. 27 Replies

My husband and I invested in Las Canas part cash / part loan, can anyone help and tell me what category we come under.  I rang the Manchester office yesterday to seek redress and of the three forms they emailed I do not know which one would be…Continue

CAPITULATION AND ATTRITION

Started by Steve Perriam in Investor Discussions. Last reply by Timothy Clive Neale yesterday. 31 Replies

Is it the case that there is hardly any 'traffic' on this Forum any more because, essentially, we have given up and maintain our incredulity that Ames continues as if £400m never went missing - or are we all just waiting now for the redress options…Continue

Condominium Declaration

Started by Susan Y. in Investor Discussions. Last reply by Andrew William McCutcheon on Thursday. 11 Replies

Has anyone else received this latest from Harlequin?Not sure exactly what it means, can anyone please elucidate?Very quiet here latelyContinue

Has anyone else had a phone call today from Sonia 'Harlequin'?

Started by Maria T. Legros in Investor Discussions. Last reply by Joanne Martin on Thursday. 19 Replies

Re the above I would like to know if anyone else had this call with a threatening tone demanding that we amalgamate our 2 investments as Pat Cash Hotel has not been constructed and apparently our cabana is nearly finished, we are expected to use the…Continue

AGENTS

Started by Regulatory Legal Solicitors in Investor Discussions. Last reply by Joanne Martin on Thursday. 85 Replies

Names pleaseContinue

fscs payments

Started by john wilkinson in Investor Discussions. Last reply by Regulatory Legal Solicitors on Thursday. 7 Replies

hi all, i have two friends who only strarted trying to get their money back four weeks ogo, with an other company. Yesterday they got a letter stating they were getting £50.000 from the fscs within the next ten days. My case has been with RL for a…Continue

TO RL AND MERRICKS INVESTORS

Started by Timothy Moloney in Investor Discussions. Last reply by Timothy Clive Neale on Wednesday. 19 Replies

We invested in Merrick’s in Barbados in March 2009 – exactly six years ago. Our investment was seemingly different to most others: there were no intermediaries in terms of IFAs or agents, and thus there can be no redress by that method. A member of…Continue

What type of Investor?

Started by Peter Barton in Investor Discussions Apr 16. 0 Replies

I invested in Two Rivers in 2007 through a Finance Broker, otherwise I would not have known about Harlequin or have been convinced to do so. I have been able to produce the Broker’s contract form that had conditions indicating I had to complete, but…Continue

Is David Ames relevant anymore ?

Started by Regulatory Legal Solicitors in Investor Discussions. Last reply by Andy Apr 14. 11 Replies

David Ames has no control over matters anymore.  He is simply reacting to each new crisis as it happens.Even if he does a deal with a 3rd party or places the companies into liquidation, he is doing so out of having no choice.The rock bottom prices…Continue

HARLEQUIN INVESTMENT

Started by brian southworth in Investor Discussions. Last reply by Andy Apr 13. 7 Replies

advert heard on the radio have you made an overseas property investment have you invested through one stop and the advert goes on please contact HARLEQUIN INVESTMENT we can get you your money backi dont know if these are the same harlequin that we…Continue

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