Dundee Blow

The HeraldJanuary 07, 2011

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Summary


* Dundee will be opposed by Her Majesty's Revenue and Customs as they seek to begin the process of emerging from administration. Bryan Jackson will meet creditors tonight to vote on whether to start the procedure leading to a Creditors' Voluntary Arrangement (CVA).

Jackson expected to push his plans through unopposed but it is understood the club had to mobilise other creditors, including former directors Bob Brannan and Calum Melville, to get the 50% of proxy votes they require after HMRC indicated they planned to vote against.

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Dundee Blow

With a 75% majorit...

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