Transline, the temporary employment agency that became embroiled in the Sports Direct scandal, has submitted court documents preparing the company for insolvency.
The Guardian understands that the business has filed a notice of intention of appointing administrators at a court in Leeds, and has sounded out the accountancy firm Deloitte as a potential administrator.
The notice of intention to appointment is a device to give notice to secured creditors that there is a chance or prospect of an administration process. It also creates a moratorium around the business from action by creditors for 10 working days.
The move comes after Transline was one of two employment agencies exposed by a 2015 Guardian investigation of paying temporar…
Read the full article at: https://www.theguardian.com/business/2017/apr/26/sports-direct-transline-shirebrook-warehouse-minimum-wage
