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Finance director looted Mayfair Cellars [updated 13 July]
The finance director of collapsed Mayfair Cellars systematically looted nearly £1m of customers’ wines, passing the money he made onto his partner, an official report says.
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Mayfair Cellars: creditors uncertain of fortunes
Customers of the collapsed wine merchant Mayfair Cellars are facing mixed fortunes as further issues come to light.
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Uvine collapses with £2m debt
The wine exchange Uvine is in the hands of administrators with debts believed to be in the region of £2m.
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‘Criminal conduct’ at Uvine suspected
Investigators into the Uvine collapse suspect criminal conduct, decanter.com has learned.
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Prosecution possible for Uvine directors
There may be criminal prosecutions following the collapse of Uvine in September.
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Uvine directors bid for collapsed company
Two parties have emerged as favourites in the competition to take over collapsed wine fund Uvine – including the company’s three directors.
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Audacious multimillion pound wine fraud targetted US doctors
Two UK company directors have been disqualified for 15 years for their part in an ingenious £80m wine and spirit investment scam targeting American doctors.
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Evans & Tate-Yarraman takeover sparks intense interest
Australian wine industry-watchers are waiting with increasing interest to see if Yarraman’s multi-million dollar bid for Evans & Tate succeeds.
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Yarraman rejects Evans & Tate bid
Australian wine group Evans & Tate has today turned down the takeover bid from Yarraman Winery.
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Decision near in Evans & Tate-Yarraman takeover
Two months after Yarraman Winery first launched its bid to take over Evans & Tate a decision appears finally in sight.
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Evans & Tate reject Yarraman bid
The board of Australian winery Evans & Tate today rejected the Yarraman Winery merger bid.
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ANZ takes over Evans & Tate
ANZ Bank is to take a majority stake in struggling Australian wine producer Evans & Tate.
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London wine merchant Cellaret collapses
London fine wine merchant The Cellaret will be put into liquidation next week.
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Cellaret customers may lose Bordeaux 2005
Customers who bought Bordeaux 2005 en primeur from collapsed wine merchant the Cellaret, still do not know whether they will get their wine.
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En Primeur buyers may NOT have right of return
EU regulations that allow En Primeur buyers to return their wine and demand a refund are under review and may be changed.
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Uvine: prosecutions to follow?
Uvine directors could face criminal prosecution on nine counts of financial misconduct following a recent administrators’ report to creditors.
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Uvine creditors set to get most of their money back
Proposals sent out to Uvine creditors last week offer them the chance to get 95% of their money back.
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Evans & Tate courts two potential saviours
After the collapse of a restructuring deal with bankers ANZ, struggling Australian producer Evans & Tate is being courted by two potential rescuers.
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New Evans & Tate deal could end saga
The long running Evans & Tate saga looks set to end following the announcement that a legally binding restructuring agreement has been signed.
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Fraudsters hit French producers
Chateau de Marmorieres in La Clape has become the latest victim of major fraud, with the theft of 18,000 bottles worth €50,000 (£34,000).
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Evans and Tate into receivership
Evans & Tate, Australia’s sixth largest producer has called in the administrators.
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Cellaret: £350k of en primeur 2005 orders lost
Collapsed UK wine merchant The Cellaret failed to pay Bordeaux negociants for 2005 en primeur ordered and paid for by their customers, it has emerged.
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PMH Wines latest UK merchant to default on en primeur Bordeaux
Wine merchant PMH Wines Ltd has become the latest UK merchant to fail to pay Bordeaux négociants for en primeur wines.
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Investment company Bordeaux Advisory disappears
Wine investment company Bordeaux Advisory has disappeared leaving investors chasing hundreds of thousands of pounds worth of wine that had been bought at ten times its real value.