Wednesday, 12 May 2021

Law firm 'due £400,000' to represent Avocet again

by DOUGLAS SHEPHERD

The London solicitors who forced Avocet Infinite into liquidation, and are said to be owed £400,000 by that company, are set to represent successor business Avocet Natural Capital PLC [ANC] in a string of litigations backed by a £5 million war chest.

News of FieldFisher LLP's involvement in law suits soon to be promoted by ANC has been given to shareholders this week by Group chairman Martin Frost.

In April 2020 the Business and Property courts at Leeds ordered that self-styled 'disruptive technology' firm Avocet Infinite (now called Omega Infinite) should be wound up by the court under the Insolvency Act 1986.

That ruling followed a petition submitted to the court by Omega Infinite creditor FieldFisher.

Mr Frost had told 650 shareholders with a total stake in Omega of £22 million that the company owed FieldFisher £400,000 and a second law firm, Womble Bond Dickinson £600,000.

But the latest newsletter from Mr Frost reveals that Kit Jarvis, of FieldFisher, will be fronting the latest round of legal actions on Avocet Natural Capital's behalf.

Mr Frost states: "Sufficient demonstrable evidence is now to hand to prove that XXXXX (and her family compatriots), plus the bully girls and Aver (accountants), along with a big bunch of their raucous mates lie and utter falsehoods.

"That XXXXX and her mates have engaged and are engaged in a plot to steal and defraud Avocet and Frost. That £5+ million is the recoverable amount stolen and to be returned to Avocet.

Funded by Gennfros Limited’s new investors, on 9th May, Mr. Kit Jarvis (on behalf of solicitors Fieldfisher and the new investors) agreed to oversee the above litigation (civil and criminal) against XXXXX and her tribe; the ‘bully girls’; along with denizens from the purported Avocet Shareholders Forum and their respective felons."


The so-called bully girls are Mr Frost's description for the administrators appointed to Orrdone Farms PLC, another insolvent Avocet company.


Although he has claimed to have no direct links with Gennfros Ltd and Gennfros Trading Ltd, two businesses set up to take forward the exploitation of 'revolutionary fuel' products, Mr Frost also outlines the following developments involving Gennfros:

"Gennfros Limited’s new investors have just acquired 25% plus of ANC Plc shares. Via new loan capital (provided by the new investors), Gennfros Limited has acquired existing ANC Plc shares – effectively giving Gennfros and Gennfros’s new investors control of ANC Plc. – such details along with a new ANC Plc Confirmation Statement will shortly be published at Companies House.

"The new investors and Gennfros Limited have acquired control the rump of the old Irish (Avocet) Bio-Solutions and via Gennfros and Avocet IP Limited’s intellectual property intend to develop and reconsolidate a European business to be based at the Irish Lisheen site (in Tipperary county)."

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