DogTrx4Dumyz Posted April 17, 2009 Share Posted April 17, 2009 I heard that the Walnut Club on Ecclesall Road has gone bust. Link to comment Share on other sites More sharing options...
bradley1983 Posted April 17, 2009 Share Posted April 17, 2009 Lets hope Nonnas follows suit then. Link to comment Share on other sites More sharing options...
theripsaw Posted April 17, 2009 Share Posted April 17, 2009 I heard its doing a prepack to clear its debts. One reason why owner no longer (directly) owns it. Link to comment Share on other sites More sharing options...
bradley1983 Posted April 17, 2009 Share Posted April 17, 2009 I heard its doing a prepack to clear its debts. One reason why owner no longer (directly) owns it. What the hell is a "prepack"?? Link to comment Share on other sites More sharing options...
theripsaw Posted April 17, 2009 Share Posted April 17, 2009 What the hell is a "prepack"?? Its where a buyer is in place just before the company goes into admin. As soon as its in admin, the buyer buys the bits of the company that they want, leaving the debts behind. The buyer is usually the old management. Link to comment Share on other sites More sharing options...
Eater Sundae Posted April 17, 2009 Share Posted April 17, 2009 Its where a buyer is in place just before the company goes into admin. As soon as its in admin, the buyer buys the bits of the company that they want, leaving the debts behind. The buyer is usually the old management. Who's not going to be paid? Link to comment Share on other sites More sharing options...
swissheavy Posted April 18, 2009 Share Posted April 18, 2009 Maybe ourcowmolly can confirm? I believe they supply the Walnut Club Link to comment Share on other sites More sharing options...
pete_jim Posted April 18, 2009 Share Posted April 18, 2009 Lets hope Nonnas follows suit then. That's particularly mean spirited of you hoping people lose their jobs and others their considerable investment both in time and money. Link to comment Share on other sites More sharing options...
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