No light at the end.
I got a huge mailing from KPMG yesterday confirming that there will be no money for ex-employees. I'm afraid that having skimmed it for relevant info I chucked it in the bin in disgust.
The assets have mainly been sold and the debtors have been paid in order of priority, but one of the banks is still owed more than the scraps that are left.
I'm disgusted that the ex-employees have even lost the pension contributions that were deducted from wages, but not actually paid by Emerald for several months. Apparently that is not illegal; well it bl@@dy well should be. We don't even know yet how many pension payments we have lost. I'll bet AJ's and MOB's were paid up to date.