Octane Magazine

COYS WHAT’S GOING ON?

‘THERE WERE CLOSE TO 100 CREDITORS WITH DEBTS DUE TO THEM, FROM MODEST SUMS TO £750,000’

Coys of Kensington Automobiles Limited (‘Coys’) went into administration. Some might have seen this as a welcome end to the Coys story, as the business had been beleaguered by legal disputes and dogged by rumours of poor trade practices for years. For others, though, including clients of mine, it was extremely unwelcome news because the administration process called an immediate halt to my efforts on behalf of clients to extract the proceeds from

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