Many of our clients have been embroiled in the world of offshore bonds. We are helping international clients from countries all over the world who put their money into failed investment funds purchased through offshore investment bonds.
Newport take the burden off the individual, both financial and legal. By arranging litigation funding, an individual doesn’t have to stump up the cash to pursue their claim; the funders take all the risk. Newport manage the claim from start to finish, ensuring the best legal representation for each and every client.
Newport started this project in April 2020 and we are already engaged by a significant number of non-UK resident clients who have invested across 6 failed international investment funds which total over $1.3bn. These funds appear to have been mis-sold to unsuspecting investors via insurance platforms where due diligence processes have failed to protect the investor. We have recently obtained a positive opinion from a leading QC as to the recoverability of the failed investments and are in the process of book-building to grow the existing client base to reach critical mass to undertake litigation on behalf of our clients.
Newport are putting together group claims for funds such as New Earth, Lucent and Columna. We want to hear from people who have purchased funds through offshore life companies such as Old Mutual (Quilter), Friends Provident and Generali (Utmost Life), to name just a few. If you’ve invested in any offshore bond schemes, please get in touch with us at firstname.lastname@example.org to discuss how we might help you recover from the failed investment.