Chance Voight investors face ‘substantial shortfall’, says Teneo
The interim liquidators have found the group made a consolidated interim loss of $5.5m at the end of September last year, and at the time had negative net assets of $11.8m.
An interim liquidators’ report on six entities associated with Bernard Whimp’s Chance Voight Group has found the group was materially insolvent and poorly governed.
It also found that investor obligations were being paid by new investors, and there was extensive activity related to his personal
