Coys liquidators fail in High Court bid

Liquidators for Motor Marketing Limited, formerly known as Coys of
Kensington, have failed in the High Court to combine its proceedings against the
company’s former directors, Douglas Jamieson and Christopher Routledge, with the
DTI’s own proceedings.

The liquidators have alleged fraudulent and/or wrongful trading and/or
misfeasance, while the
alleges the directors’ conduct makes them unfit and wants them
disqualified, according to the Daily Telegraph.

The company collapsed in 2004 with more than £1.5m in debts. Many of its 33
creditors had not been paid for cars they had sold during an auction.

Both the liquidators and the DTI will be able to present their cases by
February for another hearing in March, where the possibility still exists to
combine the cases.

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