Just a quick note to say a big thank you to all the staff at KSA, our CVA was passed today by creditors voting in an overwhelming number including HMRC to accept the proposal as prepared by KSA.
The road to reach today’s conclusion has been bumpy, but at each stage your team has supported and guided us through the issues and we have reached a very satisfactory outcome to the benefit of customers, staff, all creditors and shareholders.
News
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Wonga Goes Into Administration
Earlier this week, payday lender, Wonga were in talks of being on the brink of...
Liquidators no longer able to use adjudication in construction contract disputes
A recent case
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UK SME companies run by women are less likely to go bust than companies run by men.
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Three Out Of Five Businesses Suffer From Late and Non-Payment of Invoices
Three out of five small businesses have been affected by the late payment...
Towcester Racecourse in Administration
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The Harrods of the High Street?
It has been announced today that Sports Direct’s Mike Ashley has brought House...
Homebase creditors approve CVA
Homebase creditors have voted in favour of the Company Voluntary Arrangement...
A Retail and Brewery Industry Update
The British Retail Consortium (BRC) reports how retail sales have slowed in...
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