Articles about Unsecured Creditors

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Lehmans techies start job hunt

Lehman Bros techies chucked onto the pavement yesterday face a decent chance of sliding into new jobs quickly, which may go some way towards sweetening the bitter pill of not receiving a final pay cheque. The bank – in case you didn’t know – crashed spectacularly in the early hours of Monday. Staff turned unsecured creditors …
Joe Fay, 16 Sep 2008

Evesham gets extended administration run

Evesham Technology Ltd's administration period has been extended. The defunct British computer maker’s directors received notice that the company would remain under administration until 2 February 2009. Evesham Technology’s creditors agreed to the extension, presumably to give administrators DTE Leonard Curtis more time to …
Kelly Fiveash, 8 Aug 2008
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Watford Electronics left debts of £3.5m

Watford Electronics’s stock remains in the hands of administrators, giving unsecured creditors hope of seeing some of the £3.5m they were owed when the firm collapsed earlier this week. Watford's cards had been marked since November when it released a troubling set of accounts and trade insurers started putting the squeeze on …
Mark Ballard, 9 Feb 2007

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