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Over 170 employees will have to go as Harkand’s European business (based in Hammersmith and Aberdeen) is to be wound down by Deloitte’s Joint Administrators, appointed on May 4, 2016.According to Deloitte, 39 staff will be retained for a short period to assist with the wind-down of the European business.Another, approximately 140, jobs remain at risk as the administrators hope sale can be concluded for the Harkand’s US (Houston based) and Africa business. Prior to these events, the group employed approximately 400 staff.As earlier reported, Aberdeen-based Andrews Survey, which employees 46 staff, is not subject to insolvency proceedings, and, according to Deloitte, negotiations are ongoing with a number of parties to secure its sale.“Whilst it is disappointing that the majority of the European business is to be wound down, we are still hopeful to be able to save a significant number of jobs in the Group’s US and Africa business, and we’re confident of securing a buyer for the Aberdeen-based Andrews Survey business,” said Ian Wormleighton, joint administrator and financial advisory partner at Deloitte.Subsea World News Staff
Share Sharing is caring! Share Kieron Pinard ByrnePress ReleaseAfter 14 years of character assassination by defamation Mr. Lennox Linton stands in default of court ordered legal costs. He has not to date sought the protection of the courts from his creditors by a declaration of bankruptcy. His standing is therefore untenable and a disgrace to Dominica’s rule of law and the media profession’s ethical standards. It is an affront to any victim of character assassination in Dominica.I reiterate, in accordance with my professional ethical standards, I sued Mr. Linton in 2003 in the public interest. It now follows as night follows day, given Mr. Linton’s default modus operandi over the past 15 years, that he be brought to account under the Bankruptcy Act. Accordingly I instructed my legal counsel to have served the prescribed bankruptcy notice upon Mr. Linton.In my 40 years as an Irish/Dominican I have never witnessed Mr. Linton’s observance of The Golden Rule. For Dominica’s reputational sake it may be hoped that Mr. Linton may have learned something of the honorable, ancient Chinese art of saving face during his recent educational visit to China and belatedly takes the honorable course in his life, in part as counseled by Confucius:“What you do not want done to yourself do not do to others”“To know what is right and not do it is the worst cowardice” Tweet Share 815 Views 5 comments News Kieron Pinard-Byrne issues statement on Linton being served Bankruptcy Notice by: – August 31, 2017