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Phones 4U Debtor EE Targeted By Administrator
Darth-Habib
21-05-2015
Interesting

Administrators to Phones 4U, the high street retailer which collapsed last year, are inching towards launching legal action against third party debtors including the UK's biggest mobile phone group.

Sky News has learnt that PricewaterhouseCoopers (PwC) has issued a series of so-called "letters before action', setting out the obligations of debtors to repay money owed to a company prior to its collapse.

Sources familiar with the matter said that EE, the mobile phone network, was among the parties to have been contacted by PwC in relation to an undisclosed financial liability.

http://news.sky.com/story/1488456/ph...-administrator
Aye Up
22-05-2015
So a now ceased company, appointed administrators are after money apparently owed?

Pfft like that is gonna fly
Chrysalis
23-05-2015
So phones4u loses its obligation to honour its own debts but can still chase people that owe it money? does that seem screwed up to anyone else?
psionic
23-05-2015
I believe this is a common tactic after a company goes into administration. It rarely succeeds though. These "letters before action" are speculative letters which are essentially a fishing exercise.
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