back to article Liquidator: 2e2 preferential creditors to get £745k payout

2e2's preferential creditors, including former staffers made redundant after the business crashed and burned, have been told what they can expect collctively from the financial embers and it's not a lot. The Berkshire-based integrator’s UK ops went into administration at the start of 2013, the result of too many poorly …

  1. CAPS LOCK

    I think you'll find ANYTHING payed out by liquidators is a bonus ...

    ... as the job of liquidators is to recover as much of the companies assets as possible, then find a way to pay it to themselves.

  2. John Smith 19 Gold badge
    Unhappy

    First rule of liquation

    Secure the liquidation fee.

    BTW

    Historically banks which requested solvency reports from accountants handed the liquidation business to the accountant.

    Except the the RBS.

    They tendered the business.

    Curiously fewer RBS businesses went into receivership (relative to number of business who banked with them) than any other bank.

    But perhaps they just attracted more stable companies to their banking services.

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