Date Posted: Wednesday 21st June 2023
The board of Christopher Kane Limited has recently resolved to file a notice of intention to appoint FTS Recovery as administrators. This difficult decision has been reached to give the company sufficient time to implement a rescue plan. Key stakeholders have been notified. A period of accelerated marketing activity will now follow, with a view to locating potential interested parties to either refinance the company’s existing debt or alternatively locate a purchaser for the business and assets.
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