Purple Lounge: Media Corporation Plc appoint Liquidators for Purple Lounge
July 13, 2012
The Purple Lounge Ltd situation has made progress this week with the announcement by its owner Media Corp in the London Gazette about winding up the company and that a liqidating company has been appointed.
The Media Corp announcemnt stats that S shareholders’ meeting has been convened for 23 July 2012 to pass a resolution for the winding up of the company.
They have also appointed the firm Baker Tilly Restructuring and Recovery LLP to handle Creditors and the liquidating process that will proceed to the news of when and how much of the funds players will be returned. At the moment nothing is publically known about the state of its finances and player funds.
