PPRuNe Forums - View Single Post - SKYAIRWORLD: Management to take "Leave?
View Single Post
Old 17th Mar 2009, 01:04
  #247 (permalink)  
tail wheel
Moderator
 
Join Date: Jan 1996
Location: Utopia
Posts: 7,449
Received 232 Likes on 123 Posts
I do not beleive anyone has any bad blood with him personally.
He has gone through this process before and is familiar.
He is owed an above average amount due to large unpaid salary sacrifice, hence he has a big dog in this fight.
I trust him.
Time to forget "bad blood". Sounds like a good choice? He will need some knowledge of liquidation proceedings and a willingness to stand and voice your collective interests.

This is only the first meeting of creditors and nothing much will be decided until later when the Administrator has creditor's Proof of Debt and is able to prepare interim accounts.

Unless the creditors decide to remove the Director's appointed Voluntary Administrator and replace with a Creditors appointed Liquidator.........
tail wheel is offline