Harris Transport director George Harris has spoken of his heartbreak after the family firm established by his parents was forced into administration. Alexander Kinninmonth and Richard Brewer of RSM Restructuring were appointed as joint administrators of the Eastleigh-based transport, distribution and warehousing firm on 21 August. In a statement Kinninmonth said: “Unfortunately, it was not possible to sell the business as a going concern. As a result, the company was left with little choice but to cease trading and make […]
Trade creditors of West Yorkshire-based Bedfords should receive some money when the business enters liquidation, according to insolvency practitioners.
The RHA has welcomed the government’s decision to investigate the pre-pack administration process after the Insolvency Service announced a review that aims to make the procedure more transparent for creditors.
Construction hauliers are bracing themselves for the aftershock of Carillion’s high profile collapse this week.