Court Warns of Lengthy Process Winding up Oenofuture’s Liquidation

The Drinks Business reports that the High Court has appointed joint liquidators for Oenofuture Limited, the wine investment arm tied to the Oeno Group, and warned that the compulsory winding up is likely to be a long and complicated process. The article says around 2,600 investors paid money into the company, that an estimated 80% of client wine was held by Oenofuture Limited, and that customers have already been cautioned they may not recover all their money.