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Landlords unlikely to see money owed by Edinburgh Woollen Mill

Unsecured creditors, including landlords, are still owed £167m after the collapse of Philip Day’s Edinburgh Woollen Mill Group.

Administrators’ reports for Peacocks, Jaeger and Edinburgh Woollen Mill show landlords have received none of the money they were owed after the brands went bust.

They are in line to receive dividends from the prescribed parts – pots of money set aside to pay unsecured debts – worth a total of £1.8m.

The Times (£)

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