A settlement has been reached with creditors for multiple businesses linked to Birmingham Pride festival director Lawrence Barton.
It brings a five-year saga to an end after the collapse of Barton’s training business, GB Training, which owed £8.4m to creditors.
Liquidator Kevin Mawer and Barton have secured an undisclosed agreement that will allow for a distribution to creditors, including the Education and Skills Funding Agency (ESFA) and the West Midlands Combined Authority (WMCA).
The liquidation of GB Training was triggered during the pandemic, following an ESFA investigation that halted new apprentice funding and cited “potential discrepancies” in fund allocation.