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Court Line

Volume 959: debated on Monday 4 December 1978

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asked the Secretary of State for Trade when those persons owed money from the Court Line case by virtue of the jobs they then held, might expect to receive the cash owed to them.

The liquidators have paid in full the agreed preferential claims of those employees of Court Line Limited, and other companies in the Court Line Group, who submitted claims for payment out of funds in the liquidators' control. An interim dividend of 3½p in the £ has been paid to ordinary unsecured creditors, including employees, of Court Line Limited and dividends have also been paid in some of the other companies in the Court Line Group. The liquidators say that they will pay further dividends as and when sufficient funds become available.Crew members of MT"Halcyon Isle ", one of the ships operated by Court Line Limited, look to funds held in court in Singapore for payment of their claims for wages under a maritime lien. I understand from solicitors acting for them that payment is imminent.