Duncan Adams dissolved but staff and unsecured creditors miss out on final payments


 

Staff and unsecured creditors of Grangemouth haulier Duncan Adams did not receive any money owed to them before the company was dissolved last week. In a final report from administrator Deloitte, it said there had been insufficient realisations to enable a distribution to these creditors after the company entered administration in March 2017. At the time, the move led to an immediate 132 job losses. Deloitte said it had not been possible to trade the business, which was established in […]