Kroll Pulls Off Miracle for Collins & Aikman

Summary


Creditors of crashed of automotive supplier Collins & Aikman are likely to receive up to a quarter of the money they are owed.

Administrators Kroll raised pounds 25.7 million from onging trade, sale of the business and its assets which collapsed in July 2005.

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Extract


Kroll Pulls Off Miracle for Collins & Aikman

But once the administrators fees of pounds 4.78 million and other expenses - including pounds 7.3 million for engineering and des...

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