Thread by @ianbeckett

1/ @retheauditors @premnsikka @alexralph The curious case of the mysterious world of Corporate Insolvency. Under its owners Mark Goldberg & Ron Noades theguardian.com/football/2011/… #LCF’s Simon Hume-Kendall was a Director(& Vice Chairman) of Crystal Palace FC from 06/92 up to 08/99..

2/ (5 months after it went in to administration in 03/99). Hollywood actor/writer Jim Piddock, then a founder of the Crystal Palace F.C. Supporters Trust sheds a fascinating insiders insight (10 yrs after the events) in to the activities of the directors, Moore Stephens ..

3/ Administrator Simon Paterson + the mysterious “Jerry Lim” (aka “Lim Fat” aka “Yeung-Fah Girard Philippe AhKong” etc) who it’s alleged made a cool £500k turn out of the exclusivity he was granted. Surely not mysterious though to Moore Stephens/Simon Paterson as a Mr AhKong..

4/ had it appears a SPV (Games Net Cafe Ltd) registered at Moore Stephens’s office location in Chatham at this time (circa 2000/1) + several years later at both Moore Stephens’s office location in Chatham (Dragon Wing Communications Ltd) & Simon Paterson’s service address ..

5/ (Fastgain Investments Ltd). Prior to the Administration of Crystal Palace FC, Simon Hume-Kendal + Simon Paterson’s paths had crossed before when Mr Hume-Kendall’s nautical jaunt “Progressive Shipmanagement Ltd” had a petition filed against it by AMEX to wind it up in ..

6/ 11/1995, followed by its administration in 01/1996 - Simon Paterson (Moore Stephens) was the Administrator scribd.com/document/46280…. An interesting read, perhaps a portent of things to come. In 1998 Simon Hume-Kendall reunited with Michael Jolliffe (from ..

7/ from Progressive Shipmanagement Ltd) + chums Adrian Drewe & Christopher Kerr Brown with a “master plan” of : 1. floating the Drewe family fencing business out of Stenoak Holdings Ltd on AIM; 2. acquiring interests in 3 local wineries (Chapel Down (Tenterden) Vineyard, …

8/ Lamberhurst Vineyard, Carr Taylor Vineyard) + floating them as one on OFEX after hiving off properties etc. Stenoak Services Plc (Stenoak Associated Services Plc) IPO’d on AIM in 06/1999. English Wines Group Plc (Chapel Down Group Plc) IPO’d on the unregulated OFEX in 2004..

9/ In the 08/2000 Independent piece “Fancy a stake in a growing concern” it talks of Messrs Hume-Kendall & Drewe “acquiring Lamberhurst Vineyard from the Administrator in 02/2000”. by coincidence an Administrator of Lamberhurst Vineyard Ltd was Simon Paterson (Moore Stephens) ..

10/ In the 08/2001 puff piece “Confessions of a serial investor” in Construction News, Simon Hume-Kendall tells us “Stenoak” hoped for a stable £200m T/o base in 12 months … in reality circa 10/2002 it faced being wound up, followed by liquidation, the Liquidator by ..

11/ coincidence was Hacker Young’s Andy Andronikou who we’ve come across before in the “Curious Cases” (along with the notorious Yoram Yossifoff + his business bud #LCF end game player Whyke)

https://twitter.com/ianbeckett/status/1134527241742929920?s=20

AND

https://twitter.com/ianbeckett/status/1135849741999312899?s=20

. A web of interconnected ..

12/ SPV’s (arising directly or indirectly from non “Stenoak”/“English Wines” IPO transactions that were left behind) included : 1. Carr Taylor Ltd (2003-Administrator Simon Paterson, Moore Stephens); 2. Hubstore Limited/Lamberhurst Inns Ltd/Grapevine Oast Ltd (2005 - Liquidator

13/ Simon Paterson, Moore Stephens). Pivotal SPV’s included : 1. Lamberhurst Holdings Limited (aka Stenoak Holdings Ltd, Oakover Investments Ltd, Drew & Hume-Kendall Investments Ltd) dissolved + which we’ve seen before in the “Curious Cases”

https://twitter.com/ianbeckett/status/1176271805201420288?s=20

; ..

14/ 2. Lamberhurst Vineyards (2000) Ltd (aka Lamberhurst Vineyard Management Ltd) wound up/liquidated in 2007/8, the liquidator the notorious Mr Papanicola of Bond Partners LLP. In 2006 Simon Hume-Kendall’s “Kent Attractions” bought the “Hop Farm tourism development”, ..

15/ backed by David Sullivan and/or related Trusts. Simon Hume-Kendall ,Chairman of and “negotiated for the board” of adult content op “Interactive World” during it’s acquisition of David Sullivan/The Gold’s “Sports Newspapers” for which Simon Hume-Kendall “earned for” …

16/ London & Athens Ltd a cool £1m fee. London & Athens Ltd was put in to liquidation in 2009, the liquidator Simon Paterson’s colleague David Elliott (Moore Stephens). A chunk(Bewl Water Fishing/ Bewl Water Boating/Bewl Water Events & Attractions/Kent Attractions LLP) of the..

17/ web of SPV’s resulting from the “Hop Farm” acquisition were put in to liquidation in 2017. The liquidator John Edmund Paylor (Guardian Business Recovery), recently the bankruptcy trustee (+ SPV liquidator) of the notorious Omari Bowers of GFI Consultants etc infamy we’ve ..

18/ come across before in the “Curious Cases”

https://twitter.com/ianbeckett/status/1143791089553465345?s=20

. In 2015 the Insolvency Service started for the first time to publish sanctions against Insolvency Practitioners, the first 3 published included Andy Andronikou‘s Hacker Young colleague/Portsmouth FC ..

19/ Joint Administrator Peter Kubik + also one “John Edmund Paylor of London” accountancyage.com/2015/02/13/kub… . A key “Hop Farm” related SPV, Kent & Sussex Attractions Ltd was “name switch’d” with another SPV (BWM Associates Ltd) + put in to Administration/dissolved with …

20/ Simon Paterson (Moore Stephens) being the Administrator. It was reported that Simon Hume-Kendall was on the board of the notorious “RISC” from 2005-2013 powerbase.info/index.php/RISC… AND dailymail.co.uk/news/article-3… AND independent.ie/world-news/eur… . RISC Holdings Ltd was ..

21/ renamed AQUILA 2010 Ltd in 2010, wound up + liquidated with Simon Paterson’s colleague David Elliott (Moore Stephens) as liquidator. RISC Management Ltd was put in to administration/liquidated in 2014 with Simon Paterson (Moore Stephens) as an Administrator/Liquidator.

22/ In 02/2015 Simon Paterson resigned as a director from Moore Stephens’s MSR Partners LLP + in 05/2015 the High Court transferred both his sole + joint insolvency caseload to ~ dual firm (Moore Stephens/Coopers) thegazette.co.uk/notice/2340681 . An intriguing liquidation case of ..

23/ of Simon Paterson’s however was transferred (07/2015) to Edwin Kirker (Kirker & Co) - SMU Investments Ltd, a piece in the puzzle of the intriguing multidimensional japery surrounding a major Kent graveyard development involving 2 brothers, a city grandee + an ex-con …

24/ : bailii.org/ew/cases/EWHC/… AND bailii.org/ew/cases/EWHC/…. In 09/2015 another piece of the puzzle REDDISH LLP appointed Edwin Kirker (Kirker & Co) as Liquidator, its Chairman/Secretary/Director/Member being the same person that petitioned to wind up SMU Investments Ltd.

25/ Viewing Kirker & Co’s Insolvency cases, there appears to be an increase in Kent based cases post Q3/2015, sampling the (non fixed fee/unrecovered fee) cases + 11 cases stated a Mr Simon Paterson on the chargeable time schedule, ten are stated here scribd.com/document/46307…, ..

26/ it’s interesting to note the former Chairman of Crystal Palace FC Mark Goldberg’s Vertifi Ltd.
The 11th case #LCF bondholders will know very well - London Power Corporation Ltd with Simon Hume-Kendall on the board. By curious coincidence one of Simon Hume-Kendall’s …

27/ #LCF crew-mates Paul Anthony Sayers (as mentioned next in the “Battle of the Lakeview Timeshares”/Telos (IOM) Ltd) + Simon Paterson were the two directors of Countrywide Financial Management Ltd … cozy. In 06/2016 Nedim Ailyan, a former Moore Stephens (Kent) Insolvency ..

28/ man was appointed liquidator of Telos (IOM) Ltd by Simon Hume-Kendall. Telos (IOM) Ltd was reportedly the offshore SPV portrayed to punters as holding the Lakeview(Waterside) interests first time around when it’s reported the Spencer Golding timeshare buy bait off plan ..

29/ property sting boiler room ops ran (Bavington Consultants Ltd/Hansard Worldwide Ltd etc.) thisismoney.co.uk/money/news/art… before Simon Hume-Kendall & #LCF crew-mates replaced Clive Hilton, Clint(on) Redman, Mark Ingham & chums. By curious coincidence Nedim Ailyan was ..

30/ previously the liquidator for its alleged several of Spencer Golding’s (shadow director) reportedly boiler room/other SPV’s including the notorious Bavington Consultants Ltd (appointed 07/2011)/Hansard Worldwide Ltd (appointed 03/2011) + Clydesdale Enterprises Ltd …

31/ (appointed 04/2009 + for which Spencer Golding was disqualified from becoming a director). If we peek at Nedim Ailyan’s final Liquidation Report for Bavington Consultants Ltd we see mention of the Telos (IOM) Ltd Lakeview op. Looking at Nedim Ailyan’s Liquidation …

32/ Progress Report for Telos (IOM) Ltd published recently we see : 1. Simon Hume-Kendall’s #LCF crew-mate Paul Anthony Sayers (Credit & Investigations Services LLP) who also weighed in during the “Battle of the Lakeview Timeshares”

https://twitter.com/ianbeckett/status/1229204206613123073?s=20

; 2. It reported ..

33/ agreed unsecured creditors of circa £6.4m (stated in the ESoA as mostly “Lakeview Country Club Limited” aka “International Resorts Management Ltd” + its directors familiar to #LCF Bondholders; 3. It reported an accepted offer in full/final settlement of £565k subject to …

34/34 “strict privacy/confidentiality”; 4. It reported Nedim Ailyan’s fees at a cool £100k.