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A CONTROVERSIAL businessman, who it has been claimed played a part in the eventual collapse of Grimsby’s once proud Cosalt Plc, has been declared bankrupt.
Aberdeen Sheriff Court granted a sequestration order against Calum Melville late last week, after First Integrated Solutions, an oil services business, sought unpaid debts of around £50,000.
He had agreed a £2.5 million settlement with the town’s only listed company four years ago, as it desperately tried to stay aflo…
Read the full article at: http://www.grimsbytelegraph.co.uk/Cosalt-collapse-figure-declared-bankrupt/story-28578679-detail/story.html