Michael J Lonsdale administrators still chasing outstanding debts and retentions as former staff await payout

Restructuring experts, Begbies Traynor, said its team was preparing to “move the company into liquidation” in the latest update since the £250 million London contractor entered administration in October 2023, after close to 40 years of trading.  More than 300 people were employed at Michael J. Lonsdale (Lonsdale) when it collapsed, buckling under several pressures at…

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