Memsolve meeting put off by two weeks
Creditors seek more time to prepare
Posted in Business, 1st April 1999 09:40 GMT
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Memsolve's winding up hearing was adjourned yesterday for two weeks. The petition on behalf of distributor Northamber had not been completed to requirements, according to a representative at BDO Stoy Hayward. The hearing is now due to take place on 14 April, again at The Royal Courts of Justice, London. Administrators from BDO Stoy Hayward went into the Cheshire-based distributor last month when Memsolve admitted owing around £4 million. ®
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