KPMG's Blair Nimmo, Richard Beard and Jim Tucker engaged as joint administrators to First Oil Expro
The Leicestershire-based firm was bought by Alteri Investors in October
The court heard that nine Midlands companies were involved in the fraudulent activity between November 1998 and July 2007.
The business raised more than £800,000 on Crowdcube last year, making it one of the biggest breakdowns involving a crowdfunded company
Its expected that Fairline will continue to build its boats in Oundle, Northamptonshire.
The 140-strong chain of shops - and its website - will continue to trade as normal for the immediate future
Joint BDO liquidators apply to Court of Session's Inner House to appeal decision at Supreme Court
Government's position remains that there is no conflict between insolvency law and employment law, but further discussions scheduled
Majority of the 22-strong staff have been made redundant, but a skeleton staff of seven remains to complete certain contracts
Pool of experts to srcrutinise pre-pack sales introduced