PracticeAccounting FirmsUniversal directors face fraud trial

Universal directors face fraud trial

Three former directors of Universal Bulk Handling, a transport manufacturer, are to face trial for fraudulent trading, false accounting, forgery and conspiracy to defraud, resulting in the company's collapse.

Lancashire-based Universal, a subsidiary of Hadleigh, went into receivership in February 1999 with debts in excess of £10m.

The case involving defendants Christopher Freeman, 47, former finance director, Alan Hodgkinson, 48, former managing director and Ian Papworth, 49, former production director, has been sent to Preston Crown Court following bail hearings at Chorley Magistrates Court.

A date for trial has yet to be arranged.

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