§ 26. Mr. Michael McNair-Wilsonasked the Secretary of State for Northern Ireland if he will make a statement about the receivership and liquidation of the De Lorean Motor Company, Belfast.
§ Mr. Adam ButlerI understand that the joint receivers and managers have granted an option to Consolidated International Inc. of Columbus, Ohio, and Associated Investors Corporation, Delaware, in respect of the550W purchase of the assets of DSQ Property Company Limited—formerly De Lorean Motor Cars Limited—in receivership, exercisable within 45 days from 9 November 1982. The joint receivers have also agreed to sell to the named companies the stocks of cars held by the receivers in Belfast.
Joint liquidators of DSQ Property Company Limited, in receivership, were appointed on 10 November 1982 following the decision of the courts to order the winding up of the company as the result of a petition by one of its creditors.