Elite Transport Services creditors to vote on CVA proposals

Elite Transport
 

Elite Transport Services has filed a proposal for a company voluntary arrangement (CVA) with Manchester County Court, ahead of a creditors meeting on Friday (8 February). A spokesman for the container haulier said it was “hopeful of a positive result” when votes from creditors over the proposed financial restructuring of the firm were collated at the end of the week. He added that the proposed credit terms are dependent on major creditor HMRC but “indications from them are very positive”. […]