By Tom Winnifrith | Wednesday 27 June 2018
Oh dear, poor Andrew Duncan at Administrator Leonard Curtis will not like this latest set of emails to drop into the hands of Winnileaks. Not one bit. Duncan was appointed on 18 December at which point Julie "Lingerie on expenses" Meyer MBE ceased to be a director and lost any say in the running of Ariadne Capital Limited (ACL). This devastating email thread is from January 2018.
It is between Meyer and a patent attorney in the US owed money by ACL. Natch Meyer promises that the cheque is in the post. I kind of suspect that Sean Sullivan at Davis Wright Tremaine LLP is still waiting.
In this thread Julie purports to act for Ariadne and claims that an agreement to transfer all the trademarks owned by ACL to Ariadne Capital Group Limited (ACGL) in Malta was made in 2016 but that she can't find the paperwork. None the less it is agreed on a course of action to transfer all the trademarks now but to backdate it to 2016 when the supposed agreement was made.
If the agreement did in fact exist, did Julie mention that ACL owned none of its trademarks to those folks she was trying to persuade to invest in ACL as late as October 2017? If not does not that seem a tad fraudulent? And what was the consideration for this trade? That matters because in 2016 Meyer was the sole shareholder in ACGL while ACL had a raft of external investors. Surely Meyer was not just giving away assets to her own company?
And what does Mr Duncan think of Julie purporting to act for Ariadne to ensure assets are removed from ACL when he as administrator is trying to realise value for creditors by selling all assets. Has Julie hoodwinked him by taking out any other assets? I cannot imagine that he would be exactly chuffed. Can you?
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