Britishvolt liquidators rule out pursuing director for cash

Britishvolt liquidators rule out pursuing director for cash

The liquidator for former vehicle-battery company Britishvolt, which collapsed owing money to a major engineering firm, have decided not to pursue a director over a personal cash guarantee he made to the firm. In its latest report, RSM said it had decided not to chase an unnamed director of Recharge Production UK – the business that had agreed to buy Britishvolt out of administration – after it failed to pay the agreed sum, despite him giving a personal guarantee. Britishvolt collapsed in Ja...
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