Quote:
Originally Posted by Peter Mallett
In truth I'd be surprised if it ever comes back, simply because someone has to buy the debt before they can buy the circuit.
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Do they? I'm no lawyer but I don't think that's right. Surely if DVLL goes bust, the lease returns to the Wheatcroft family and either they run it, lease it to someone else or sell the whole package for someone else to run. In the mean time, the creditors of DVLL have to chase Gillet & Co for their dosh & will finally be forced to right off ther own debt or come to some sort of arrangement, say 10p i n the pound, if he has any assets to claim against.