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John Dee victim faces new claim

16th January 1997
Page 7
Page 7, 16th January 1997 — John Dee victim faces new claim
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Which of the following most accurately describes the problem?

by Derren Hayes

• A sub-contractor who lost nearly £50,000 following the collapse of John Dee has been threatened with legal action by a company collecting John Dee's debts.

In November Batley-based Transhaul International, like other John Dee sub-contractors, was told by administrators that any money owed to the company would be offset against money owed to them.

Transhaul owed John Dee £11,500 for fuel costs but John Dee went down owing it £47,000. However, Transhaul then received a letter from Confidential Invoice Discounting—a factoring company which had bought John Dee's debts—asking for immediate payment of the £11,500.

Transhaul, which is refusing to pay the debt, has been threatened with court action unless the money is paid by this week.

Transhaul owner Adrian Van Snail says: "We tried to play things by the law and this is how we are treated. They seem to be trying to finish off the job John Dee started in making us bankrupt."

Confidential Invoice Discounting says if Transhaul provides invoices proving how much it is owed by John Dee it will drop its claim.