US EditionStronghold Global Finance in liquidation, facing court action
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Stronghold Global Finance in liquidation, facing court action
Stronghold Global Finance, a UK-based trade finance firm, went into administration in August last year following a High Court order over £181,000 in unpaid debts and facing a lawsuit from a client that had allegedly paid the firm advance fees for a facility that never materialised. The company had a total of seven creditors supporting the winding-up petition at the time of the administration, a lawyer for one creditor told the High Court, inclu…
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