Webstar criticises Derwent Howard’s “poor” 5% payout
Webstar has hit out at yesterday’s 5c in the dollar deal for unsecured creditors of failed publisher Derwent Howard Media, describing it as “poor”.
2 December, 2009Webstar has hit out at yesterday’s 5c in the dollar deal for unsecured creditors of failed publisher Derwent Howard Media, describing it as “poor”.
2 December, 2009A majority of creditors for Derwent Howard have passed a deed of company arrangement (DOCA) proposed by company director Jim Flynn at a meeting today in Sydney.
1 December, 2009Following reports of a series of printers being left with unsecured debts after the collapse of Derwent Howard Media, we’re asking ‘Why do printers end up being hit with large unsecured debts?’
27 November, 2009The administrator for failed publisher Derwent Howard Media has hit back at a newspaper article claiming it had recommended that unsecured creditors, which include several leading printers, accept a deal that would pay out 5c in the dollar.
23 November, 2009End of content
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