Creditors recieve only 15 % for Farepack (christmas club)

Expatica - Health
Post reply   Start new thread
New - Old :: Old - New

Pages: 1 |

Residencial Santa Ana del Monte forum threads
The Comments
27 Apr 2010 12:00 AM by TonyMal Star rating in Oxfordshire. 1090 forum posts Send private message

BBC NEWS WEbSITE

http://news.bbc.co.uk/1/hi/business/8643820.stm

Savers who lost out following the collapse of Christmas hamper firm Farepak face a further wait for a cheque to cover some of their losses.

About 120,000 customers will be offered about 15p for every pound they lost following a settlement between the liquidators and Farepak's directors.

This comes on top of some previous compensation paid out in vouchers.

But those who have made claims must wait for the final details to be settled before receiving the money.

If HdT is liquidated according to 2 different soliciotor we will not get even 65% back.

It is purchasers who lose out if HdT goes down and there are so many who really can not afford to lose their money. Think carefully as to whether you wish to lose your money or to try to save it & your fellow purchasers.

All the best

Tony

 


 



This message was last edited by TonyMal on 27/04/2010.


Like 0

Spam post or Abuse? Please let us know

Pages: 1 |
Post reply   Start new thread


Previous Threads

Possible Outcomes - Information - 11 posts
Court extends UK signing at Notaries to the Friday 30 April - 0 posts
Meeting in Jumilla today - 13 posts
the final chapter - 5 posts
SARC letter to purchasers - 11 posts
Some good news but more need to sign up to the agreement - 10 posts
SARC report of HdT UK meetings - 6 posts
Important new information - Esp for those without Bank Guarantees - 8 posts
Solicitors opinion on SARC Position statement - 4 posts
Presentation in Southampton 13th April - 9 posts
Reasons to vote NO - 23 posts
Please read this Tony - 6 posts
What do you all think ? - 5 posts
Justin and Marias podcast - 1 posts
The truth the whole truth and nothing but the truth !!!!!! - 3 posts
WHO'S RESPONSIBLE FOR NO BG,S - 3 posts
SARC Position Statment of HdT offer - 5 posts
The Vote - 13 posts
My Good News - 16 posts
Maybe Some Help - 2 posts
VOTE - 42 posts
SAVE YOUR MONEY, SAVE YOUR HOUSE,SAVE SADM! - 8 posts
The Offer from Almudena - 24 posts
Recording of SARC's last meeting with Almu - 3 posts
Porkies - 8 posts

1 posts were found:


1 |
Our Weekly Email Digest
Name:
Email:


This site uses cookies. By continuing to browse you are agreeing to our use of cookies. More information here. x