§ Mr. Terry Walkerasked the Secretary of State for Trade if he will make a statement on the repayments to Court Line creditors.
§ Mr. Clinton DavisThe realisation and distribution of the assets of the Court Line companies in compulsory liquidation is a matter for the respective liquidators, appointed by and answerable to the court. I understand that the liquidators have paid the preferential claims in full in some cases, including Court Line Ltd., Clarksons Holidays Ltd. and Halcyon Holidays Ltd. I understand further, however, that the liquidators are not at present able to indicate what dividends may be paid to ordinary unsecured creditors. They hope, however, to make an announcement about a first distribution on Clarksons Holidays Ltd. during the course of the next few months.