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Jill goes to the wall

21st November 1991
Page 12
Page 12, 21st November 1991 — Jill goes to the wall
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Which of the following most accurately describes the problem?

• Southport haulage contractor JBL has collapsed under the weight of bad debts — its creditors include up to 50 hauliers.

A creditors' meeting is scheduled for 28 November at the Hilton National Hotel, Warwick, where insolvency practitioner Barry Knights of Salisburybased Thoroughgood is expected to be appointed liquidator.