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Former Iprism holding company moves towards liquidation with small payout

Cash box

Unsecured creditors of Spectrum Bidco are in line to get a £216,112 payout as the former holding company of Iprism Underwriting Agency moves from administration into creditors’ voluntary liquidation.

They will also be entitled to £5,638 from the company’s net property.

Unsecured creditors had an estimated total liability of around £81.7m.

In a filing at Companies House dated 23 December the

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