To the best of my knowledge, ILG Ltd Gibraltar has ceased to trade. Even Incentive Leisure Group’s site includes more information about its alleged current legal status – http:/www.leisuregroup.net/.
This is the information provided by Incentive Leisure Group last January 25th, 2011:
INCENTIVE LEISURE GROUP LIMITED
(In Creditors Liquidation)
On 25 January 2011, at a meeting of the members of Incentive Leisure Group Limited, Keith Lawrence FCA was appointed Liquidator of the company. This was then confirmed by a meeting of the creditors held on the same day.
Any creditors with a claim against the Liquidation should send an email to email@example.com with details of their claim. However the Liquidators initial review of the information provided to him would seem to indicate that there will not be any funds available for distribution to creditors of the company.
Please note that the liquidation refers solely to the Gibraltar registered company, Incentive Leisure Group Limited.
For any enquiries regarding Reclaim Limited, please contact the company at: Email: firstname.lastname@example.org
For any enquiries regarding CashBack Sales and Administration S.A., please contact the company at: Email: email@example.com
For any enquiries regarding other companies, please contact: Email: firstname.lastname@example.org
We are aware that clients have been contacted by individuals purporting to represent companies using various other names e.g. Future Group Administration, Travel Group Administration, Fraser & Ward, Offshore Solutions, Pro-Call Corporate Services and Reclaim Investment Bank and asking for money to be sent to them. We would strongly advise that you do not send any money and contact Reclaim Limited.
Regarding that, the Office of Fair Trading is taking to Court to a number of companies, including among them Incentive Leisure Group, this is a matter about which we do not have further information though – ww.oft.gov.uk/news-and-updates/press/2010/146-10 .
Creditors’ Voluntary Liquidation
On 21 January 2011 the Gibraltar Chronicle published a Legal Notice (pdf 455kb) stating that Incentive Leisure Group Limited would be wound up by way of creditor’s voluntary liquidation.
The OFT has informed the liquidator about its action in the UK and its interest in the proposed liquidation.
In the meantime, the OFT will be continuing its action against ILG and other defendants in the UK and monitoring the position in Gibraltar.