Your English writing platform
Discover LudwigExact(2)
Creditors speaking outside the meeting expressed their frustration at the collapse of BHS, with one saying the interests of suppliers and landlords had been "completely swamped" by the PPF, which is by far the largest creditor owing to the state of the BHS pension fund.
The FSCS, which is the biggest creditor owing to the compensation paid to individual UK depositors, said it did not want to comment on whether the final amount was sufficient.
Similar(58)
The filing names Commonwealth Bank of Australia as the largest unsecured creditor, owed $27.5 million from a subordinated loan.
But the city, itself a creditor owed $76,923.08, claims ownership of dozens of auction artifacts along with what may be the restaurant's greatest asset: its name, valued at $19 million.
But unsecured creditors, owed £12m, don't yet know what they'll receive.
Ronco sought protection in Bankruptcy Court in Woodland Hills, Calif., from creditors owed more than $32.7 million.
The creditors include the Tax Ministry, owed $1.3 billion in 2000 back taxes (including penalties, the ministry is seeking $3.4 billion), and commercial creditors, owed $600 million to $800 million.
Their claims rank above trade creditors owed up to $80m – the largest of whom is rail operator Aurizon at $20m.
"For a creditors' meeting to happen, the administrators say that creditors owed at least 10% of the total liabilities will have to demand it.
This time around, the High Court heard yesterday that the club had an unpaid tax bill of about £2m with other creditors owed about the same amount.
An additional $1.5 million be used to pay in full unsecured creditors owed less than $3,000, and $2.25 million is earmarked for back wages and other employee claims.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com