Adminstrators of the collapsed company apply for a court hearing to decide how to divvy up the money
Scores of would-be boatowners who paid a deposit for a secondhand yacht or stage payment for a new build and were left high and dry this summer when BA Peters plc went into administration are being urged to go to court to claim money owing to them.
Peters Opal were UK agents for Island Packet, Bavaria (pictured right) and Legend yachts. KPMG were appointed as administrators and confirmed last week that there had been claims of over £1 million for ‘goods and services that have not yet been provided or for brokerage transactions which are not yet complete’. However, according to KPMG, there is only £651,000 in a client account.
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