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Examples
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E-Clear, the credit card processing company used by collapsed airline Globespan, has gone into administration.
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E-Clear, the credit card processing company used by collapsed airline Globespan, has gone into administration.
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PricewaterhouseCoopers (PwC), the administrator for Globespan, asked the court to place E-Clear into administration last week after claiming the firm owes Globespan about £35 million.
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PricewaterhouseCoopers (PwC), the administrator for Globespan, asked the court to place E-Clear into administration last week after claiming the firm owes Globespan about £35 million.
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Mr Justice Vos, sitting at the High Court in London, has signed an order placing E-Clear into administration and said BDO had been lined up as administrator for the business, which acts as a middleman between credit card companies and airlines.
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Mr Justice Vos, sitting at the High Court in London, has signed an order placing E-Clear into administration and said BDO had been lined up as administrator for the business, which acts as a middleman between credit card companies and airlines.
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E-Clear, the credit card processing company used by collapsed airline Globespan, has gone into administration.
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PricewaterhouseCoopers (PwC), the administrator for Globespan, asked the court to place E-Clear into administration last week after claiming the firm owes Globespan about £35 million.
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E-Clear, the credit card processing company used by collapsed airline Globespan, has gone into administration.
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Sunwing: The Canadian travel company, which is owed nearly £50 million by E-Clear, the collapsed credit card processing group, is to pursue a claim against Pago, a Deutsche Bank affiliate, for the cash.
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