Amanda Staveley's Company Liquidated Amidst Legal Battles

  • 📰 NUFCTheMag
  • ⏱ Reading Time:
  • 31 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 51%

Business News

Amanda Staveley,Newcastle United,Liquidation

This article details the recent liquidation of Amanda Staveley's company, Apollo Belvedere Services, following legal disputes with Greek shipping tycoon Victor Restis. Restis had previously sued Staveley for an unpaid loan and was awarded a sum of around £3.5 million. Despite Staveley initially appealing the ruling and claiming she wasn't personally liable, the company has now been liquidated due to its inactivity and lack of assets.

Submitting your details indicates your consent for The Mag to send you email marketing messages and process personal data. Please read ourSubmitting your details indicates your consent for The Mag to send you email marketing messages and process personal data. Please read ourThe Saudi Arabia PIF and Reuben family taking full control of all shares at Newcastle United.

Amanda Staveley has also had a number of legal battles in the courts in recent years, mainly to do with non-related Newcastle United stuff. Amanda Staveley was ordered to pay an amount of around £3.5m, after she lost a High Court challenge in March of this year, with both sides indicating that this has now been paid.

The Financial Times report that the entity has no assets and has shown no signs of active trading for a number of years, with this liquidation coming after London’s High Court in March threw out Staveley’s attempt to block the statutory demand served on her by Victor Restis.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 124. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Amanda Staveley company now forced into liquidationThe Mag
Source: NUFCTheMag - 🏆 124. / 51 Read more »