CVA schedule hits time crunch

There was a degree of anticipation that we would hear the official announcement today of the creditors meeting Duff and Phelps planned to hold on 6 June, where a vote would be held on the proposed CVA.  Creditors must receive notification of a meeting, with proposals, 14 days in advance, with notice normally given by post and by advertisement.

STV today revealed that the administrators hope to send details “at some point this week”.  Tomorrow is the last postal date for items to be delivered on time for a 6 June meeting, but it’s seldom administrators would leave themselves at the fortune of the final postal collection.  It would be embarrassing if Duff and Phelps were unable to even get to the stage of putting a proposal to creditors.

Inspired by the stories of three children, Celtic Quick News readers this year have raised a considerable sum of money for research into Neuroblastoma.  One of them, Niamh Curry, age 5, slipped away yesterday.    There are no words or sentiment of consolation to offer, but our thoughts and prayers go to Niamh and her family.

You can buy a hard copy of the new issue of CQN Magazine via Magcloud here.

The graphic below is just for a flick through, to read the magazine go here to it’s dedicated site.