New Earth

Investment | 15 Sep 17

A financial advice firm has been ordered to pay compensation to a client who was wrongly categorised as a professional investor in order for her to invest in the now-collapsed New Earth Solutions Recycling Facilities Investment fund.

Companies | 20 Jul 17

Investors in wound up New Earth funds have been left to pursue third party claims as a measure of last resort to try to recuperate all or part of their investment, the funds’ liquidators are suggesting.

Companies | 4 Jul 17

There is no prospect that Isle of Man-based Premier Group will receive any of the £39m ($50.6m, €44.4m) the company is owed by a waste management company it funded through its New Earth Group collective investment schemes.

Investment | 19 Apr 17

Taxpayers on the Isle of Man will pay for the winding up of collapsed investment fund New Earth Recycling and Renewable (NERR), part of the New Earth Group of Funds, after the island’s financial regulator stepped in to pick up the tab.

Latin America | 31 Mar 17

Wound up Isle of Man-based investment fund manager the Premier Group has links to the Panama Papers, the worldwide scandal described as the “biggest ever blow” to the offshore world.