§ Mr. Wigleyasked the Secretary of State for Trade what is the latest situation in regard to the clearing up of the Court Line case; and when creditors will receive money that is owed to them.
§ Mr. Clinton DavisI understand from the liquidators' office that there remain complex legal and other problems to resolve in connection with the realisation of assets and the determination of liabilities of Court Line Limited and that it will be some time yet before the winding-up can be concluded.
An interim dividend of 3½p in the pound has been paid to the unsecured creditors of Court Line Limited and dividends have also been, paid to creditors of some of the other companies in the Court Line group. The liquidators say that they will pay further dividends as and when sufficient funds become available.