[vc_row full_width=”stretch_row” css=”.vc_custom_1533298454252{padding-top: 65px !important;padding-bottom: 0px !important;background-color: #ffffff !important;}” el_id=”rs-contact” el_class=”rs-contact contact-page1″][vc_column offset=”vc_col-lg-offset-2 vc_col-lg-8 vc_col-md-offset-2 vc_col-md-8″][vc_contact primary_phone=”+44 203745 7940″ email_address=”info@carillionclaims.com” fax_heading=”” fax_no=”” contact_style=”2″ el_class=”text-center” css=”.vc_custom_1642677079654{margin-bottom: 40px !important;}”]Suite 6, Beaufort Court
London, E14 9XL
United Kingdom[/vc_contact][/vc_column][/vc_row][vc_row css=”.vc_custom_1533297951135{padding-bottom: 77px !important;}” el_id=”faqs-section-area”][vc_column][vc_tta_accordion active_section=”1″][vc_tta_section title=”What does your website do?” tab_id=”1533297130434-764efa1a-ae3c”][vc_column_text]We provide information to creditors of Carillion and its subsidiaries, Southey Capital Ltd is also looking to provide valuation, pricing and the chance to sell your claim.[/vc_column_text][/vc_tta_section][vc_tta_section title=”How much do your services cost?” tab_id=”1533297130444-d660a68f-878a”][vc_column_text]The website is free to use, we have no intention to use or sell any of your information (if you choose to share any with us).
If a sale of a claim is made with Southey Capital, all fees and costs will be transparent to the seller and buyer.[/vc_column_text][/vc_tta_section][vc_tta_section title=”How long will the Carillion administration take?” tab_id=”1533297715479-f6f2febe-ce9a”][vc_column_text]There is no standard or normal length of time for a UK administration, given that Carillion is a rather larger more complicated process, the time frame is likely to be on the longer side.
Current examples of complex administrations include
Polly Peck International plc, the Administration started around October 1990 still ongoing
Bank of Credit and Commerce International c. 22 years
Whilst Carillion may not end up taking as long as the two examples above, they serve as extreme examples of how long a complex process can take to resolve.[/vc_column_text][/vc_tta_section][vc_tta_section title=”What does the Administrative process look like?” tab_id=”1533297772363-4dca5815-c569″][vc_column_text]Creditors of each of the legal entities within the Carillion group will have a individual process, however very generally the general appearance of them will look the same.
– The company’s management are removed from their posts and professional insolvency specialists take over
– The company will be run to maximise the recovery for creditors, by maximising the estate; this could involve selling individual assets or the entire business
– To go confirm the creditors claims and make distributions to them accordingly
PWC also make public on their website the following document (not specific to Carillion)
https://www.pwc.co.uk/assets/pdf/insolvency-in-brief.pdf[/vc_column_text][/vc_tta_section][vc_tta_section title=”I have another question?” tab_id=”1533298634590-a3a8f482-0f0d”][vc_column_text]Please feel free to contact us and we will be pleased to add your question and our answer here.[/vc_column_text][/vc_tta_section][/vc_tta_accordion][/vc_column][/vc_row]