Harlequin files for administration

Laura Miller
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Harlequin Management Services (South East), which trades as Harlequin Property, has filed a notice of intention to appoint administrators at the High Court of Justice.

The intention is to appoint Shipleys as administrator, according to a court document which was signed by Carol Ames, wife of Harlequin director David Ames and also a director of the company. An interim moratorium is now in place with the effect that legal action can not be taken against the company at the present time, a letter from Harlequin seen by IFAonline said. Gareth Fatchett, partner at law firm Regulatory Legal which acts on behalf of hundreds of investors in Harlequin, said: "This is serious for investors. "The Harlequin Investor Group will now be looking at how best to pr...

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