Creditors set to lose £23m as Caterham hits the pits



CREDITORS of the collapsed Formula One team Caterham are on track to lose £23 million, after administrators said there are insufficient funds to pay them, writes Christian Sylt. Oxfordshire-based Caterham Sports has been in administration since 2014, but documents filed last week show that the process of closing the company is nearing its final lap.
Creditors set to lose £23m as Caterham hits the pits Creditors set to lose £23m as Caterham hits the pits Reviewed by Melbal Business News And Directory on 20 May Rating: 5

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