Outstanding claims from collapsed 'no-win, no-fee' company Invaro will go forward through newly-formed company Strathmore Administration Services Ltd.

Invaro administrator Smith & Williamson said Strathmore was in the process of examining the business in order to determine what could be taken forward.

Strathmore, under the control of director John Hall, has been authorised by major Invaro financer The Investor Group to carry out a smooth transfer of the business, said Tony Murphy of Smith & Williamson.

The Investor Group had £80m invested in the collapsed firm.

Murphy said the liquidator was investigating and reviewing a variety of claims made about Invaro director Terry Lindon over the collapse of the claims farmer.

He said a report would be submitted to the Department of Trade and Industry in due course, in line with statutory requirements.

The FSA declined to comment on whether it would be investigating the issues surrounding the company's collapse.

Lindon is not involved in the package being put together by Strathmore, said Murphy.

Invaro subsidiary Medico-Legal Reports is still operating, with Lindon as a director, despite the collapse of its parent company.

But Murphy said it was unsure how long this situation would continue.