The Scottish developer has named the Begbies Traynor Group as its administrator -- a third-party who attempts to rescue an insolvent company while still acting in the interests of its creditors. Much like with bankruptcy, this move isn't exactly a nail in the developer's coffin, but it could mean some radical reorganization is right around the corner.
Posted on May 23rd 2013 3:30PM
Posted on May 23rd 2013 1:00PM
Posted on May 23rd 2013 11:04AM