BREAKING NEWS
3rd May 2012, Page 5
3rd May 2012
Page 5
Page 5, 3rd May 2012
— BREAKING NEWS
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PALLETLINE NETWORK member Palletline Logistics (Midlands) has applied for a company voluntary arrangement (CVA) in a bid to restructure its debts and buy it some breathing space from creditors.
The Birmingham haulier, which is licensed to run 10 vehicles and 10 trailers, is led by MD and Palletline network co-founder Bob Russett.
In a statement, Palletline says its member submitted proposals to the court to enter into a CVA on the 26 April.