New Earth
Alternatives | 4 Nov 19
New Earth fund liquidation costs ‘restricted’
Freedom of Information request from Isle of Man newspaper fails to uncover taxpayer burden
Premier Group directors could be questioned in court
The Isle of Man-based directors of the failed New Earth Recycling and Renewables (NERR) fund could be interviewed in open court under oath, as the liquidator seeks to “clarify the affairs and dealings of the company”.
Alternatives | 16 Feb 18
New Earth liquidators assessing legal options
Liquidators of the failed New Earth Recycling and Renewables (NERR) fund now have more than 200,000 documents in their possession and want to establish if there is a case to take legal action against any party deemed liable for the collapse.
Adviser still working after losing clients £400,000
A couple who lost almost £400,000 due to bad advice they received from a financial planner have been shocked to discover that he is still working in the industry.
New Earth owner has licence revoked
Isle of Man-based Premier Group (PGIOM), the company behind the ill-fated £300m New Earth Group of funds, has had its financial services operating licence revoked by the island’s regulator.