Greater understanding with receivers urged_2
17 August 2012
The dispute between Land Rover and the receivers of its financially troubled single-source chassis supplier has highlighted the need for greater understanding between purchasers and receivers.
Ron Robinson, a partner at insolvency practice Begbies Traynor, called for closer ties between R3, the umbrella organisation for receivers in the UK, and CIPS.
He told SM: “We would be happy to help purchasers understand their positions better so that when companies do fail, everyone can be better prepared and work better with receivers to manage things through...