Register / LEGALS / 22nd May, 2013Creditors to get next to nothing from World of Sofas phoenix+Payout almost two years after insolvency
Read more... Add new comment
|
| |
||||||||||||||
|
||||||||||||||
More Articles...
|
||||||||||||||
| Page 1 of 28 | ||||||||||||||










The administrator of the company operating the fallen World of Sofas retail chain has cleared the path for a first and final payout to creditors.
Creditors of The Sofa Club, which emerged from the embers of West Midlands upholstery maker Kevin France, face a shortfall.
An affiliate of SKG Capital, the private equity owner of failed sofa firm Olympia Furniture, will get the first bite at the carcass along with finance company Aldermore.