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Saturday 19 March 2011

Oddbins in dire straits? more details of creditors inc from Loire

Oddbins – going the same way as Unwins and Threshers?

Details of the Oddbins Voluntary Creditors Arrangement are on the Deloitte site. Details of the proposals, list of creditors, proposed payment schedule here.

From the long list of creditors I've so far spotted four companies from the Loire who are owed money. Two of them in for small sums – Domaine de la Foliette in Muscadet Sèvre et Maine (£1502) and Baudry-Dutour in Chinon (£1929). Négociants Bougrier based in Saint-Georges-sur-Cher and Saint-Romain are owed rather more – £27,439. The biggest Loire loser, however, appears to be Fournier Père et Fils in Verdigny (Sancerre) who have £85,526 outstanding.

Outside the Loire and in addition to the leading creditors mentioned yesterday, the following names have a substantial exposure: Viña Carta Vieja (Chile) (£278,661), Pol Roger (£273,611), Mentzendorff (£194,372), Negociants International (£90,153), Laurent Perrier (£82,000), and Bodegas Palacio (£78,507). Nicolas UK, which is part of Castel – the previous owners of Oddbins – are owed £34, 665. With Concha y Toro owed £241,583 and Viña Carta Vieja (£278,661), there are two Chilean producers owed a total £520,244. In comparison Stockport Sunday School appears to have got of lightly with just £6.44 outstanding.

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