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Re: Bury's death bell seems to be ringing out
Posted by: Bored rover
Date: 16/10/2019 17:08
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This is getting beyond a joke I agree!!
I think HMRC were owed around £700k from Bury so as there is no buyer why on earth would anyone think it was a good idea to give another 14 days which further adds to costs....
Also what is this nonsense about paying small creditors - the club is subject to a CVA (if still valid)all creditors will be treated equally so they all get however many pence in the pound there is....
A final thought - whilst I have sympathy for Bury fans HMRC are trying to get back money that Bury owe all of us as taxpayers....

CVS is only applicable while they are trading/solvent a winding u order would make them insolvent, court trying to protect small business who could also end ip insolvent through Burys insolvency

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