Former Elite Transport directors need time to pay off loans


 

The cost to directors of an administration and/or liquidation is often forgotten, particularly if there are sizable job losses and merger and acquisition activity in its wake. But The Hub has discovered just how much former Elite Transport Services directors David White and Gary Bethel suffered financially after the container haulage firm collapsed last year. According to the joint administrators’ final progress report, compiled by Leonard Curtis, White and Bethel had overdrawn loan accounts of £341,971 and £302,210 respectively. It […]