The former directors of collapsed parcel carrier City Link have been cleared of failing to inform the government of impending staff redundancies before it went into administration last year. The case against David Smith, Robert Peto and Thomas Wright was dismissed by Coventry Magistrates’ Court last week (13 November), a spokeswoman for the court told Motortransport.co.uk. The former City Link directors were accused by the Department for Business, Innovation and Skills (BIS) of failing to notify the government of its […]
City Link is continuing its drive towards the b2c market with the launch of an ad-hoc parcel collection and delivery service for consumers and SMEs.
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.