so ..... basically they're bust - - - continued

V8Druid

V8Druid

do it as well as you can,but learn to do it better
see they 're-built' after a similar 'episode' in 2007 after declaring administration then .... could well be a tactical decision to 'clear debts' - again !!

" Molson’s subsequent comeback developed under Molson Group, which had been incorporated in September 2007 with co-founders Jonathan Wilson and Robin Powell as directors. "

how could two undischarged bankrupts become directors ????
 
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V8Druid

V8Druid

do it as well as you can,but learn to do it better

" ISG administrators have clawed back nearly £46m since the contractor collapsed but trade creditors are still not expected to see a penny. ....

Meanwhile, recorded administration time costs and expenses have reached £25.6m.

EY’s team has logged 16,262.7 hours, generating £11.03m in time costs. Expenses across the eight companies total another £14.57m, including third-party legal and professional fees, litigation funding and other administration spending. ...HMRC is expected to recover part of its £91m preferential claim, although the taxman will also face a shortfall. " .... after ernst young take their lions share of recoveries :mad: :mad:
 
doobin

doobin

Well-known member
see they 're-built' after a similar 'episode' in 2007 after declaring administration then .... could well be a tactical decision to 'clear debts' - again !!

" Molson’s subsequent comeback developed under Molson Group, which had been incorporated in September 2007 with co-founders Jonathan Wilson and Robin Powell as directors. "

how could two undischarged bankrupts become directors ????
Presumably they weren't made bankrupt. Limited liability...
 
J

Jimoz

Well-known member
In other news... saw a reel on FB of that bloke from Ashville Aggregates showing off the start of his new pad, Ashville Towers. Just the land must have been a few million looking at the location.

Thats a year after this: https://www.constructionenquirer.co...s-firm-ashville-went-down-owing-more-than-3m/
I think he said it was land in his family for years. I watched a couple of vids after he went bust but then he blatantly started promoting some hair growth cream in a video so I binned it off.
 
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