Hayward have sent out cheques to Farepak customers, three years
after the Christmas savings business collapsed.
Nearly quarter of a million pounds has been sent to 5,900 customers, reports
the Press Association.
The cheques were for customers who made payments on or after 11 October 2006,
following a court ruling.
However those who placed orders before that date are expected to receive just
5p in the pound. Claims worth £38m were made by 122,000 customers.
Farepak’s parent company European Home Retail went into administration in
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies
Partners from Johnston Carmichael have been appointed as joint administrators to Axon Well Interventions Products UK
Begbies Traynor have been appointed administrators of William Anelay Ltd, York, one of Britain’s longest-established construction and heritage restoration companies
Smith & Williamson has been appointed administrators of charity 4Children