David Ingram of Grant Thornton UK LLP was appointed as Liquidator. Scam companies are cold calling creditors claiming to act for the Liquidator or advising the Liquidator is no longer in office as the case has closed. David Ingram remains in office. No third parties have been instructed and all wines purchased by the company have been recovered. ***Bordeaux Fine Wines Limited liquidation is now closed and there will be no further payments***
Bordeaux Fine Wines liquidation UK-based wine investment company Bordeaux Fine Wines, or BFW as it is also known, is the most recent high-profile case where investors have lost significant amounts of money. Bordeaux was placed into formal liquidation at a hearing on 26 February 2014 on the grounds that “it is expedient in the public interest on the basis it just and equitable for it to be so” under Section 124(a) of The Insolvency Act. The petition brought by the Department for Business, Innovation & Skills had been supported by four creditors with claims totalling some £2,582,000. The Registrar further commented: “It is clear from evidence before me that they [Bordeaux] did not purchase sufficient wine to fulfil orders.” David Ingram of Grant Thornton UK LLP was subsequently appointed to act as Liquidator.