Tony Flanagan’s appointment of administrators to wind-up Wilton UK Group, his embattled pension firm, has hit a legal snag, according to reports.
The administrators will have now have to ask the firm’s creditors to ratify their appointment. Creditors could ask the court to take a different insolvency route. In April, Flanagan appointed a firm called Quantuma with winding up the business as part of what is known as an out-of-court route to administration, by which ...
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: