Creditors seldom get back all of the money owed to them when a company becomes insolvent, but you don’t have to take things lying down. When a company fails consideration is often given to those that lose their jobs, but creditors often have to face up to losing a lot of money too. This can be a double blow when the business and assets of the failed company are sold in a pre-pack deal to a connected party and it […]
The administrator for West of Scotland Heavy Haulage has confirmed that the company is currently being investigated by Police Scotland.
DBC Foodservice had no vehicle assets despite having 230 of them when it went under in March, as its fleet was run on a contract-hire basis. The £300m turnover company supplied some of the best known cafes, restaurants and bars on the high Street including Caffé Nero, Prezzo, Loch Fyne and vodka bar chain Revolution. DBC’s fleet of mainly Dafs delivered 8,000 multi-temperature products to customers each year. However, after attempts to sell the business earlier this year failed, administrator […]