Debt Advisor / Compass Finance Group - Update

1 post Page 1 of 1
Post Reply
 
 

Storm

User avatar
Posts: 536
Joined: Sat May 27, 2006 2:38 pm
Location:
Post by Storm » Tue Jul 03, 2007 10:12 am
Quote
The Company announces that Russell Cash and Michael Horrocks of Pricewaterhouse Coopers LLP have today been appointed joint administrators of The Debt Advisor Group plc.

On 7 June 2007, the Company announced it had engaged the services of an insolvency practitioner to advise the Company and the Company’s ordinary shares of 0.5p each were suspended from trading on AIM.

Different options have been explored including a thorough attempt to sell the Company as a going concern. This has been unsuccessful. It is therefore with much regret that the directors are taking this course of action
Top
Post Reply
1 post Page 1 of 1
Return to “Latest IVA News”