Two businesses connected to David J. Brown, the startup founder ousted from ad tech startup Ve Interactive, have gone into liquidation with hundreds of thousands of pounds owed to staff and HMRC.
The two firms are boutique shop Clerkenwell London, and high-end furniture maker Tree Couture. Their insolvency marks the continued unravelling of Browns business ventures after Ve Interactive was rescued from administration by a consortium of its investors.
Despite the fact the firms were meant to be separate, Brown allegedly spent £11.5 million of Ve Interactives money propping up these other ventures, according to a Sunday Times report. Brown described the allegations as cheap jibes, and has issued a legal challeng…
Read the full article at: https://www.businessinsider.com.au/clerkenwell-london-tree-couture-ve-interactive-liquidation-2017-8
