Ringfenced guarantees

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Just spoken with one of the receivers at Ernst & Young and here's the Highbury payments situation from their point of view

  1. There's a single ring-fenced fund that covers all work commissioned from mid-December onwards. If you completed work for Highbury from then onwards and you have purchase order numbers to confirm the commission, you can still submit invoices to Jordan House, 47 Brunswick Place, London N1 6EB, marked for the attention of the receivers, and they should be paid.
  2. Any invoices from before mid-December are unlikely ever to be paid by E&Y, but they're looking through them to decide which are eligible for payment from the fund

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Highbury payouts at last from The Word is Not Enough on October 17, 2008 2:14 PM

Highbury's ring-fenced fund is starting to pay out at last Read More

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Great reading, keep up the great posts.
Peace, JiggaDigga

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This page contains a single entry by Rob published on January 27, 2006 5:21 PM.

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