A testimonial from a happy client whose company has entered a company voluntary arrangement

27 June 2013

The creditors meetings are often a source of worry for the directors, but in practice as long as the creditors have been properly handled and informed in a professional way they rarely turn up to the meeting.  They can still vote by proxy.After the meeting, the company was officially in a Company Voluntary Arrangement and he sent us the following the email;

Dear KeithJust 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.Please pass on my sincere thanks to everyone at KSA.Kind regards