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Epic Stays Ltd (09997403): administration

Status
Administration ended
Administration began
2017-09-01
Administrators
David Nicholas Clark
Administrators' firm
Clark Business Recovery
Incorporated
2016-02-10
Location
Leeds
Industry
55209 Other holiday and other collective accommodation

From the administrators' statement

\nformation in this respect has previously been circulated to creditors. However, the Act requires that the same be disclosed within these proposals. Accordingly, this information has been provided again.

Mr Botham met with his solicitors, Lupton Fawcett LLP with regards to his dispute with Ms Wilkinson and the future viability of the business. Dave Clark was later introduced to Mr Botham and during the initial meeting it became clear that the dispute between the directors would not be resolved in the near future and without considerable legal expense, and that this could be potentially damaging to the business. As a result, it was decided that placing the company into administration would be the quickest and most cost effective way of dealing with the directors dispute.

A meeting was held on 16 August 2017 between Mr Botham, Lupton Fawcett LLP, and Dave Clark of Clark Business Recovery Limited. The outcome of this meeting is detailed below.

Administrators' statement of proposals (2017-11-06) · Companies House register

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Epic Stays Ltd (09997403)

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