A British whisky firm has collapsed into liquidation after accumulating debts running into the thousands.
The Scottish company, Whisky Merchant Trading Limited, which ran brands including Cask 88 and Braeburn Whisky, was pushed into administration owing to severe financial difficulties.
Stephen Hunt, of Griffins, has been appointed as liquidator.
The downfall left “thousands of global customers uncertain of their asset ownership” after the Edinburgh-based firm had previously raised roughly £80 million in investment funds.
Customers need not despair, however, as administrators confirmed the business was salvaged following the sale of key assets to Edinburgh Cask Management (Resolution) Limited.
The new owners are currently working to reunite…