Simons creditors send in £13m of claims

By Dave Rogers2020-06-08T05:00:00

Administrator’s progress report unable to say how much out-of-pocket firms will get back

An update from the administrator of collapsed contractor Simons Group has said around 600 creditors have sent in claims totalling more than £13m.

But the figure is around a quarter of what FRP Advisory said was owed by the Lincoln firm to unsecured creditors in January – suggesting many have given up on getting back anything they are owed.

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