THE COMPANY behind a claim over Rangers and the liquidated club plc’s £16 million cash pot is itself being wound up.
Investment firm Worthington Group PLC was accused of stymying the process of reimbursing businesses that were owed money by the former Rangers company – which ranged from giants such as Coca-Cola to a picture framer in Bearsden – by launching a legal claim for entire £16 million cash pot that had been made available to pay back creditors.
It is not yet known what impact the possible demise of Worthington Group, which is now the subject of a winding up order from trustees of its pension protection fund, will have on its possible claim against Rangers or creditors or the former Rangers plc aiming to be repaid …
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