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    Administrators 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

    Author Date published May 9, 2008 Categories

    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

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