Maybe the liquidation of Scott’s is part of a sale plan by...

Maybe the liquidation of Scott’s is part of a sale plan by tidying up the bundle of assets and liabilities that a purchaser takes on. My assumption that the existing redundancy entitlements of the workforce would not pass if a third party made an offer to hire them on a new contract and the unsecured creditors won’t be taken on by a purchaser of the assets and business contracts. Any onerous or unwanted property leases may be able to be walked away from or renegotiated on better terms. Guess we will all know more in a week or two whether someone buys the assets and essentially carries on the business or other providers (including LAU) pick up the work because Scott’s has disappeared.