View Full Version : Do Duff and Phelps still get paid ?

15-06-2012, 16:08
Anyone know?

15-06-2012, 16:09
Yes. They do.

15-06-2012, 16:09

are you serious?

Do you think they'd hand over 5.5Million to everyone else without covering their own fees first?

15-06-2012, 16:10
Their plan from day one was liquidation.
Do you think they would do that if they werent going to get paid?
Of course they do.

15-06-2012, 16:13
I assume they pick up circa 5m of Greens money leaving the remaining bank balance + litigation from Collyer Bristow monies to pay the CVA?

15-06-2012, 16:14
They were the first people to be paid. BDO will now take a good chunk of money for liquidating us, then Green will take a pay off. This has been good business for a lot of rancid people.

The Bridge
15-06-2012, 16:19
They get their coin before anyone else.

15-06-2012, 16:25
Those bastards should get the Jail. Nothing else

The only deadline they did not miss, was finalising the sale to Green and Co. Which they could not have done any quicker, couple of chancers:mad::mad:

15-06-2012, 16:26
Their plan from day one was liquidation.

Ja Ja.Today der Rangers tomorrow der world.

Meanwhile back in the real world.....

15-06-2012, 16:27
Someone asked me a few weeks ago if Duff and Phelps were part of the CVA :D

15-06-2012, 16:28
yea they get 10p in the pound like everyone else .

their fees are so high because of this , they know they will only get 10% back :roll:

15-06-2012, 16:29
Sure I read some where that the Court of Session can reduce administrator fees they feel have been excessive.