The administrator for Tachodisc said it is not possible to provide an accurate estimate of when unsecured creditors are likely to receive the money they are owed. In a progress report issued almost a year on from the company’s sale to FTA subsidiary TDUK, administrator BDO said it was also unable to determine how much money unsecured creditors, which submitted claims totalling £13.2m, would receive from the company. The largest claim of £11.74m relates to the Tachodisc pension fund. There […]
DX Group has bought some of City Link’s assets for £1.1m as the administrator.
Unsecured creditors of failed Hull-based haulier AR Lunn Transport & Warehousing have received just 4% of the money owed to them, the firm’s administrators have revealed.
Another new category in the 2014 Motor Transport Awards will be Operational and Compliance Excellence, sponsored by tachograph and road transport legislation experts Tachodisc.