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Aytoun Liquidator's Application Further Adjourned

7th September 1962
Page 51
Page 51, 7th September 1962 — Aytoun Liquidator's Application Further Adjourned
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Which of the following most accurately describes the problem?

THE Scottish Licensing Authority, Mr.

W. F. Quin, agreed with a submission made on behalf of objectors that the liquidator of a haulage company had operated vehicles illegally. He was hearing a resumed application; at Edinburgh on Monday, by James Reid (acting as the liquidator Of Richard Aytoun, Ltd., of Dalkeith) who was applying for the continuation of eight vehicles on A licence and two on B I icence.

Extensive Hiring

Mr. J. B. T. Loudon, for Mr. Reid. explained that the company had gone into liquidation in January, 1962, with some 300 creditors. He sought to continue trading and the Court of Session had appointed a liquidator who had become seriously ill. The present liquidator was acting under his instructions and was attempting to run the business as a going concern with a view to sale of the assets, lie had been unable to finance the full operation of all the vehicles and had hired extensively in an effort to assist the customers. It had taken some nine months to secure the necessary data for the application and no sale could be attempted until the

liquidator had something to sell and knew how much that was.

Mr. David Brown, for and private hauliers, opposed the application. He said it was clear that only four vehicles had operated in the interval and he might claim that no business now existed. Mr. Quin agreed that the liquidator had, in fact, been operating illetzally. It would be essential to have a representative present who could answer as to the company's proposals and existing operations. He accepted the plea of illness but he thought much more was needed. Mr. Quin also had sympathy with the creditors. But he had to consider the traffic operators who might also be affected by any giant.. He must have more information regarding the business and, since a number of the vehicles had not been road fund taxed, it would be necessary to know who was now handling what business and what customers would be prepared to support the business. He pointed out that in the interval none of the vehicles could be used if it were hoped to salvage anything out of the situation. Mr. Loudon must advise his iclient accordingly. He might consider a short-term licence pending a further hearing.


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