Further information has emerged regarding events at Leicester haulier AM Widdowson & Son ahead of a meeting of creditors of on 3 July ahead of a proposed CVA. Insolvency practitioner Leonard Curtis has recommended that unsecured creditors are returned 36.12p in the pound as part of a CVA that has the backing of secured creditor Close Invoice Finance. It comes after HMRC issued a winding-up petition on 14 April – which was heard on 8 June – in respect of […]
Creditors at AM Widdowson & Son have voted to approve a CVA that will see them paid 36.12p in the pound.
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).