[1] Vantis was formed as a "consolidator", inviting existing small local accountancy partnerships to join it and become part of a national company.
[8] In June 2010, Vantis was reported to be considering disposals of part of its business to reduce its bank loans,[9] although the company declined to confirm this.
[8] Properties in Antigua emerged as an important part of the company's assets, to be sold to enable payment of creditors and Vantis' own fees.
[20] After the breakup of Vantis, Hamilton-Smith and Wastell transferred to the buyout firm FRP Advisory, and continued their legal fight to be reinstated as liquidators of Stanford.
[21] However, the Eastern Caribbean Court of Appeal confirmed their removal in May 2011, and the case was passed to Marcus Wide and Hugh Dickson at Grant Thornton.
[26] Subsequently, in October 2009, Roy Faichney and David Perrin were suspended and later dismissed by Vantis after HMRC charged them with offences relating to abuse of Gift Aid tax relief.