We are delighted to report that we have today signed our third insolvency litigation acquisition with North East based recovery firm, Absolute Recovery. This follows two excellent initial cases on two other Absolute Recovery liquidations from earlier in the year. We managed to settle the first two cases in just a few months and at high rates of recovery. The new case also sees Manolete Partners for the first time buying the rights to sue an entire block of trade debtors who have refused to pay their debts due to the unique nature of the insolvency.
Manolete MD, Steven Cooklin, commented: “We are delighted to be working with the team at Absolute Recovery again. We have established a highly potent partnership with them – this is exactly the way we like to work with businesses across the insolvency and restructuring industry”.