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cesar araujo

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Comments (12)

  • Comment on: Jaeger suppliers’ bid blocked

    cesar araujo's comment 23 May 2017 11:14 pm

    More mysterious activity to ponder ... Did someone come out ahead here? I don't know, what do you think?

    Araújo is also calling on the government to review the protection offered by insolvency laws as, after a string of retailer collapses, it was becoming increasingly difficult for international suppliers to do business in the UK.

    “A sale of secured debt should have to be disclosed to the creditors generally,” he said. “Many suppliers believe that it is high time the British government urgently undertake a review of the laws relating to UK insolvency to provide a more ethical, moral and level playing field that gives all creditors access to information and the opportunity to have input into the future of companies in administration.”

    Suppose the law did not allow a secured creditor to recover more than they have actually paid - in cash - for debt that they have bought. That could be a rule that lasts only for perhaps 12 months. Asset strippers tend to look only at the short term. That law would stop an asset stripper from making a quick profit by buying debt at a discount, and recovering more than they have paid by enforcing their security.



  • Comment on: Joy bought by management in pre-pack administration

    cesar araujo's comment 19 May 2017 1:34 pm

    “There are too many pre-pack deals around. We need to enhance our morals and ethics in business in this country.”

    UK government should review insolvency laws to provide a more “ethical, moral and level playing field”, which gives all creditors access to information and the opportunity to have an input in the future of a company in administration.

    “Suppliers are often left with nothing and it is completely unacceptable,” “The law needs to change. It is affecting people’s jobs and livelihoods.”

    Is “increasingly difficult” for suppliers to do business with British retailers without running the risk of losing money due to firms falling into insolvency.

    César Araújo

  • Comment on: Jaeger axes jobs and shuts stores

    cesar araujo's comment 6 May 2017 9:56 pm

    Better Capital in the Parliamentive.tv.

    http://www.parliamentlive.tv/Event/Index/7d220cdc-4d5b-42f9-be1f-b080f352d86e

    “There are too many pre-pack deals around. We need to enhance our morals and ethics in business in this country.”

    UK government should review insolvency laws to provide a more “ethical, moral and level playing field”, which gives all creditors access to information and the opportunity to have an input in the future of a company in administration.

    “Suppliers are often left with nothing and it is completely unacceptable,” “The law needs to change. It is affecting people’s jobs and livelihoods.”

    Is “increasingly difficult” for suppliers to do business with British retailers without running the risk of losing money due to firms falling into insolvency.

    César Araújo

  • Comment on: Comment: Jaeger’s former brand director on where it went wrong

    cesar araujo's comment 6 May 2017 9:55 pm

    Better Capital in the Parliamentive.tv.

    http://www.parliamentlive.tv/Event/Index/7d220cdc-4d5b-42f9-be1f-b080f352d86e

    “There are too many pre-pack deals around. We need to enhance our morals and ethics in business in this country.”

    UK government should review insolvency laws to provide a more “ethical, moral and level playing field”, which gives all creditors access to information and the opportunity to have an input in the future of a company in administration.

    “Suppliers are often left with nothing and it is completely unacceptable,” “The law needs to change. It is affecting people’s jobs and livelihoods.”

    Is “increasingly difficult” for suppliers to do business with British retailers without running the risk of losing money due to firms falling into insolvency.

    César Araújo

  • Comment on: Jaeger falls into administration

    cesar araujo's comment 6 May 2017 9:54 pm

    Better Capital in the Parliamentive.tv.

    http://www.parliamentlive.tv/Event/Index/7d220cdc-4d5b-42f9-be1f-b080f352d86e

    “There are too many pre-pack deals around. We need to enhance our morals and ethics in business in this country.”

    UK government should review insolvency laws to provide a more “ethical, moral and level playing field”, which gives all creditors access to information and the opportunity to have an input in the future of a company in administration.

    “Suppliers are often left with nothing and it is completely unacceptable,” “The law needs to change. It is affecting people’s jobs and livelihoods.”

    Is “increasingly difficult” for suppliers to do business with British retailers without running the risk of losing money due to firms falling into insolvency.

    César Araújo

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