I still have hopes to get something. They valued lvt assets at a high price so I am hoping there was a bidding war and from what Atlas stated in their announcement it seems there was a competitive sale process with various offery
my concern is that receivers have set out the terms in a way where they stick around for years collecting residual payments and clean outta what ever profit there was .
What are the rules regarding this?
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- Ann: Appointment of Voluntary Administrators
Ann: Appointment of Voluntary Administrators, page-9
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