BrewDog creditors owed £190m will not be paid in full, administrators say
Administrators handling the collapsed "punk" beer company say insufficient funds exist to cover unpaid wages, tax debts, and bills to other businesses.
Accountants at AlixPartners, who are overseeing the remains of BrewDog following its collapse earlier this year, have stated that creditors owed approximately £190m will not receive full payment. The administrators warned there are "insufficient funds" to settle debts related to unpaid wages, tax owed to HM Revenue and Customs, and overdue bills from other businesses.
Sources
- BrewDog creditors owed £190m will not be paid in full, say administrators — The Guardian — World
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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