PricewaterhouseCoopers, administrative receivers for Farepak parent company
, is set to outline a series of creditors’ meetings despite concerns that
they will be swamped by Farepak customers.
Although Farepak savers are not creditors of EHR, there
are concerns that they will swamp any meetings organised by PwC partners
handling the administrative receivership.
Farepak administrators from BDO Stoy Hayward had
previously obtained a court order exempting BDO from holding a meeting because
there were so many individual creditors.
PwC’s meetings are not expected before Christmas, reports the Sunday
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