No clarity yet for Tachodisc creditors

摘要

BDO, THE ADMINISTRATOR for Tachodisc, said it is not possible to provide an accurate estimate of when unsecured creditors are likely to receive the money they are owed. In a progress report, issued almost a year after the company's sale to FTA subsidiary TDUK, the administrator said it was unable to determine how much money unsecured creditors, which submitted claims totalling £13.2m, would receive.