Liverpool hotel group collapsed owing £113m
A Liverpool hotel group owed £113m to creditors when it collapsed into administration in April, TheBusinessDesk.com can reveal.
The parent company of Signature Living's labyrinthine network of 60 bar, hotel and development businesses collapsed into administration in April.
It is the largest of six group companies that is now in administration.
Administrators believe a going concern sale is unlikely because of insufficient funds and assets when weighed against "the level of secured and unsecured indebtedness".
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