Other trade creditors
include Direct Meats and Direct Seafoods, which were owed PS221.5k and PS102k respectively from Jamie's Italian and another PS40.5k and PS9k from Barbecoa.
COLLAPSED contractor Dawnus has left debts of more than PS40m to its trade creditors
- with dozens of North Wales firms among those left out of pocket.
owed more than PS6m following the collapse of North East manufacturer Godfrey Syrett are "unlikely" to be repaid, documents reveal.
Prudent trade creditors
may rightly be wary of continuing to sell goods or provide services on credit to distressed customers that are headed toward bankruptcy.
Administrators Ernst & Young (EY) revealed in a report that trade creditors
such as Versace, Diesel and Prada are owed millions.
The payment will consist of $81m (AED297.1m) to banks and $31m (AED115.3m) to trade creditors
, with the developer repaying almost half of its outstanding debt obligations.
It means the developer, whose projects include a 200-hectare residential and commercial development in Dubai's Jebel Ali, will have cut its liabilities to banks and trade creditors
by almost half come the year-end.
Summary: This will be for lender banks and trade creditors
and will be done on December 21
Dubai-based real estate developer Limitless will close out 2017 with an early payment of Dh412.4 million ($112.3 million) to banks and trade creditors
tomorrow (December 21).
Dubai-based real estate developer Limitless will close 2017 with an early payment of Dh412.4 million to banks and trade creditors
Summary: DubaiEe's Limitless reached a debt restructuring deal with its lenders and would make an early payment of AED 2.1 billion (US$ 564 million) to banks and trade creditors
this month, as per a company statement.