Liquidators of BlackfortFX/Arena Capital recover only NZ$1.07 million LeapRate

February 25, 2016 BY Maria Nikolova

Liquidators of BlackfortFX/Arena Capital recover only NZ$1.07 million

Grant Robert Graham and Neale Jackson of KordaMentha, who act as Liquidators of now defunct Forex broker BlackfortFX (aka Arena Capital Limited), have published their second report, updating investors about their actions. The liquidators have focused on recovering assets and, according to their report (see table below) they have managed to obtain receipts of NZ$1.07…

November 04, 2015 BY Maria Nikolova

Liquidators of BlackfortFX/Arena Capital start legal process against debtor clients

KordaMentha, the company appointed as a liquidator of now defunct Forex broker BlackfortFX/Arena Capital Limited, has started legal proceedings against some of the debtor clients of the brokerage. The confirmation for this action is contained in an update regarding the liquidation process. The legal process concerns clients who have received profits from the brokerage while…

June 11, 2015 BY Maria Nikolova

Receivers of BlackfortFX say company “not actually traded in foreign exchange”

The receivers of the brokerage report that around NZ$9 million (US$6.3 million) were deposited into accounts of BlackfortFX (Arena Capital).

June 01, 2015 BY Maria Nikolova

Receivers of Blackfort FX secure all assets, seek to identify investors

Representatives of KordaMentha say they have secured all assets of the troubled New Zealand FX broker and are now trying to get in touch with investors.

Tag: BlackFort FX