AT THE HEART OF THE ROAD TRANSPORT INDUSTRY.

Call our Sales Team on 0208 912 2120

'Phoenix' firm loses bid

21st August 1997, Page 15
21st August 1997
Page 15
Page 15, 21st August 1997 — 'Phoenix' firm loses bid
Close
Noticed an error?
If you've noticed an error in this article please click here to report it so we can fix it.

Which of the following most accurately describes the problem?

• A Stoke-on

-Lent haulier,

described by West Midland Traffic Commissioner John Mervyn Pugh as a "phoenix company", has lost its bid for a new international licence for 18 vehicles and 21 trailers.

Freight, formed by Michael Salt a director of the liquidated Baymex, failed to appear at the adjourned hearing. The commissioner also revoked its interim authority.

When the application came before the TC last October, it was said that BCB's activities affected the winding up of Baymex favourably as far as it had purchased Baymex's vehicles. Adjourning, Mervyn Pugh said 13C13 Freight had all the traits of a phoenix company He needed to know why Raymex had failed. In refusing the application, and revoking the interim authority, Mervyn Pugh said he had a letter from the Road Haulage Association stating I3aymex owed money to the RI IA and to a number of its members. Traffic area staff had tried to obtain financial information from BCH without success. It was not for a commissioner to seek evidence about an operator's finance and repute, the obligation was on the operator to satisfy the commissioner about those matters.


comments powered by Disqus