Wednesday, September 09, 2015

Stranded with wine investment

Dear Mr Tan,
I am a stranded wine investor with Assets Wine Management (AWM) and Australian Wine Index.
I am served a Writ of Summon from the lawyer of CWT for the outstanding payment for the storage of my wines under AWM.
I would greatly appreciate if you can advise me of what I can do.
Thank you for your kind attention.

REPLY
You can sell off the wine investment and take a loss. Or talk to other investors and see what you can do collectively.

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