Robson Rhodes hunts for creditors of collapsed Racial Equality Commission company

Robson Rhodes hunts for creditors of collapsed Racial Equality Commission company

Liquidators for the Commission for Racial Equality's failed conference company, Global Cultural Diversity Congress 2000, say they have still to identify all the creditors.

Mike Hore and Simon Bower, corporate recovery partners at RSM Robson Rhodes, were named as the joint liquidators this week, but say they will have to wait for a creditor meeting on 21 March until they can fully assess who all the creditors are.

It is still unclear whether some of the sponsors may be creditors of the company whose collapse caused the cancellation of a planned global cultural conference in Cardiff this month.

However, Bower said the liquidators would also be looking at events in the run up to the collapse in a bid to determine the ‘full extent of the liabilities’.

Bob Puukiss, chairman of GCDC, has already accepted responsibility for the collapse on behalf of the company’s board.

The crisis at GCDC was revealed when the Home Office ordered an audit following a request for more money from the conference organiser.

ACCOUNTANCYAGE.COM EXCLUSIVE: IR35 deals double tax blow for 4,000 businesses

Share

Subscribe to get your daily business insights

Resources & Whitepapers

Why Professional Services Firms Should Ditch Folders and Embrace Metadata
Professional Services

Why Professional Services Firms Should Ditch Folders and Embrace Metadata

3y

Why Professional Services Firms Should Ditch Folde...

In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...

View resource
2 Vital keys to Remaining Competitive for Professional Services Firms

2 Vital keys to Remaining Competitive for Professional Services Firms

3y

2 Vital keys to Remaining Competitive for Professi...

In recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...

View resource
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
Digital Links: A guide to MTD in 2021
Making Tax Digital

Digital Links: A guide to MTD in 2021

3y

Digital Links: A guide to MTD in 2021

The first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...

View resource