BusinessBusiness RecoveryAdministrators apply for date of Metronet transfer

Administrators apply for date of Metronet transfer

E&Y administrators have applied to court for a date to hand over Metronet to TfL

After former mayor Ken Livingstone gave the nod, the administrators from
Ernst
& Young
(E&Y) yesterday applied to court to appoint the date when
Metronet can be handed over to Transport for London (TfL).

The hearing of the application for when transfer schemes to transfer the
business undertaken by Metronet to two subsidiaries of TfL will come into force,
will take place on May 23.

E&Y said creditors had been advised of the details of the court hearing
and the terms of the transfer schemes.

Further reading:

Metronet handover approaching

Related Articles

Carillion CFO blew whistle over 'sloppy accounting' months before collapse

Business Recovery Carillion CFO blew whistle over 'sloppy accounting' months before collapse

3m Alia Shoaib, Reporter
Toys R Us UK and Maplin enter into administration after failing to secure buyers

Business Recovery Toys R Us UK and Maplin enter into administration after failing to secure buyers

3m Alia Shoaib, Reporter
How to avoid a Carillion collapse

Business Recovery How to avoid a Carillion collapse

4m Russell-Cooke
Carillion collapse: The week so far and industry reaction

Business Recovery Carillion collapse: The week so far and industry reaction

4m Emma Smith, Managing Editor
Kingston Smith & Partners appointed trustees in bankruptcy of ex-Newcastle United footballer

Business Recovery Kingston Smith & Partners appointed trustees in bankruptcy of ex-Newcastle United footballer

4m Emma Smith, Managing Editor
Carillion: PwC appointed as special managers – what happens now?

Business Recovery Carillion: PwC appointed as special managers – what happens now?

4m Emma Smith, Managing Editor
Investment firm acquires Avon Steel Company Limited

Business Recovery Investment firm acquires Avon Steel Company Limited

5m Emma Smith, Managing Editor
Manchester law firm enters into administration

Business Recovery Manchester law firm enters into administration

5m Emma Smith, Managing Editor