RE: FN-FORUM: Recievership

date posted 1st May 2006 19:46

Depends how much they owe to employees, tax and customs. You should ensure
that the receiver knows you, and a personal call makes a difference. If the
company is viable then the main hope is that a company will buy as a going
concern. Employees and HMCS get paid first. If the bank issued insolvency
proceedings then you should expect the worse.

I am very involved with companies who are looking to acquire businesses and
technology, if this company has IP or a unique offering then let me know
about it off list, I will see whether I know of a buyer. Service related
businesses are usually harder to sell.

Terry

-----Original Message-----
From: [EMAIL REMOVED] [EMAIL REMOVED] On Behalf Of Creative
Digital Alliance
Sent: 01 May 2006 13:58
To: FN-FORUM / [EMAIL REMOVED]
Subject: FN-FORUM: Recievership


Hi al,

Got a letter friday telling me my main client has gone into recievership,
and to let the recievers know how much they owe me, (quite a lot, approx
8k!). What are my chances of getting paid, and how long can I expect to wait
to learn the outcome, anyone know?

Regards,

Paul
--
Creative Digital Alliance
Tel: 0700 596 4491
http://www.CreativeDigitalAlliance.Co.Uk

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