Interserve: Insolvency

(asked on 19th June 2019) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether his Department plans to conduct an investigation into the effect of Interserve's entry into administration on that company's creditors.


Answered by
Kelly Tolhurst Portrait
Kelly Tolhurst
This question was answered on 26th June 2019

The effect of Interserve Plc’s administration on creditors is an issue for the administrators who will advise of repayment prospects. The administrators have a legal duty to report confidentially to the Insolvency Service about the conduct of the directors.

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