A JOURNEY THROUGH PROVENANCE
WHY BUSINESSCARE? :: We let our results do the talking
An RUFC Conversion
A Rugby Union Football Club was placed into compulsory
liquidation. The club was a focal point of the local community and its
impending demise little short of a disaster. We were appointed liquidator
in succession to the Official Receiver.
Working with the Club's Trustees
a plan was formulated to save the Club through a scheme of voluntary
arrangement
(compulsory liquidation need not always inevitably lead to
the business graveyard). With the assistance of its members and
support
of its creditors, the voluntary arrangement was approved, creditors'
compromised claims paid and life at the Club
returned to a normal, profitable
existence, in a successful and seamless operation.
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