Unwins - news update Add/Read Comments
Snooth Wine Search:
It has now been reported that an un-named former director of Unwins has received a court order to answer questions regarding the 'alleged transfer of takings to Devereux Montague'. This was the private equity firm that brought Unwins nine months before it collapsed. KPMG, the companies administrator, is considering legal action against Devereux Montague director Philip Cook and will allow creditors to decide on the situation.
Creditors include HM Revenue & Customs (owed £16.1 million in unpaid taxes), Diageo (owed £2 million), and Inbev (owed £2.6 million) with the unsecured creditors (owed £16 million) unlikely to see any money at all.