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The position on vouchers when a company enters administration

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Published on: 10 January 2013
Published by a LexisNexis Restructuring & Insolvency expert

Table of contents

  • Original news
  • What has changed?
  • Is this problem likely to persist with other administrations?

Article summary

Restructuring & Insolvency analysis: When electrical retailer Comet went into administration, it was announced vouchers held by members of the public would still be honoured. However, 24 hours on from Jessops entering into administration, the indication is vouchers will not be honoured.

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Jurisdiction(s):
United Kingdom

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