2735 days ago
Oh dear, oh dear, this really does look like it is game over for old mother Worthington (WRN). It had been looking to get a Creditors Voluntary Agreement aways so that the grateful taxpayer, viz The Pension Protection Fund (PPF) got to fund its gaping deficit, and a share of future profits went to other - mainly related party - creditors but 90% of profits outside litigation winnings where it was 50% - would go to shareholders. Of course 90% of ZERO is ZERO but the pretence was there. However..
