Topic: | Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Daley thompson gym in liquidation. | |
Posted by: | John Shawcross | |
Date/Time: | 15/08/17 17:09:00 |
The company - Daley Fitness and Gyms Ltd - is not in administration. It is subject to a creditors' voluntary liquidation. The business could quite easily have been transferred to another vehicle - this would require the acquiescence of Metro Bank who could quite easily have reason to grant this - for example they could be holding sufficient security for their loan elsewhere and/or might see this as preserving the value of some of their security. Assets used within the business could be transferred "subject" to their security. Anyone signing up as a new member and paying anything in advance should want to know what the true position is before paying. |