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Dispute over retention of title after BasCrown took a fall

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Two Manchester administrators have found themselves on the receiving end of the law after taking over the affairs of a defunct PC dealer. Computer parts vendor PC Partner of Hong Kong is suing Dermot Power and David Swaden of BDO Stoy Hayward, Manchester, alleging it still owns £160,000 worth of components that were delivered to Bascrown. This was before Lancashire-based Bascrown went in administration on 5 January 1998, with Power and Swaden appointed to take over the running of the company. PC Partner says it wrote to the administrators last February, claiming it had not been paid for the parts and still retained legal title to them. The Asian outfit has now decided to go for the full monty - suing Bascrown, Power and Swaden. The disputed kit included master tower cases and motherboards supplied to Bascrown between September and December 1997. Jeff James, a partner at BDO Stoy Hayward, said: "It was a parcel of stock that we believed belonged to us. We took legal advice, then sold the components. It is not uncommon for an administrator to receive a retention of title claim." James said BDO Stoy Hayward was continuing to realise the assets of Bascrown for creditors, and anticipated a dividend would be paid toward the end of next year. ®

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