Sorry if these questions are already answered in other threads but it's easy to miss stuff at the minute. Anyway, I've got a few questions about the process of exiting Administration.
1. Firstly what steps need to happen for CCFC Ltd to be taken out of Admin? I understand there needs be an agreement, presumably by the creditors. If SISU are the main creditors is this a formality? Can ACL have any meaningful say?
2. Does anybody have any indication when this will happen (if things go smoothly)?
3. Will Appleton's report be made public? If so, what sort of information will it include? As Administrator his job is purely to get the business back on it's feet for the court. Is it likely to include details of how the mess occurred and any comments?
Thanks for this. Going back to Appleton's comments where he hinted at the difficulties being faced I felt that there were issues he wanted addressing. I'd love to see them outlined but it may well not be in his remit.
1. Firstly what steps need to happen for CCFC Ltd to be taken out of Admin? I understand there needs be an agreement, presumably by the creditors. If SISU are the main creditors is this a formality? Can ACL have any meaningful say?
2. Does anybody have any indication when this will happen (if things go smoothly)?
3. Will Appleton's report be made public? If so, what sort of information will it include? As Administrator his job is purely to get the business back on it's feet for the court. Is it likely to include details of how the mess occurred and any comments?
Thanks for this. Going back to Appleton's comments where he hinted at the difficulties being faced I felt that there were issues he wanted addressing. I'd love to see them outlined but it may well not be in his remit.