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Liquidation of Company Due to Fraudulent Activity of Parent Company

In the summer of 2006 we were appointed liquidator of a Gloucester based distribution company, whose German Parent company ceased trading because of of the discovery of fraudulent activities. As result the UK company was forced into liquidation and therefore sale as a going concern was not viable.

The company's assets were sold realising c£85k enabling a substantial dividend to be paid to preferential creditors.

 

 

 

 

Alison and Ruth both provide pragmatic and commercial solutions to businesses and individuals facing financial difficulties. Their approach not only ensures the strongest chance of financial survival but also the interests of creditors. I would confidently recommend them to anyone in need of their sNev Catton (Solicitor )

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