Prev: Washing M/C will not Spin
Next: RCA 36V430T Chassis ITC008HYN turns on and off repeatedly.
From: David Nebenzahl on 3 Nov 2009 22:41
On 11/3/2009 6:13 PM Arfa Daily spake thus:

> "David Nebenzahl" <nobody(a)but.us.chickens> wrote in message
> news:4af0cd5d$0$4062$822641b3(a)news.adtechcomputers.com...
>
>> Is "in administration" Brit-speak for what we call in bankruptcy?
>
> For all intents and purposes, yes, but AIUI theoretically sort of a stage
> before declaring your company truly bankrupt. If you are in serious hock to
> the bank for instance, and they are worried that they are not going to get
> paid because of poor trading performance, they may force you into
> administration, from which place, the administrators may ultimately declare
> you bankrupt, if they determine the company is beyond saving.

Ah, so. I think we call that being "in receivership" over on this side
of the pond. (If I'm wrong I'm sure someone will correct me.)

Points to your term for being more direct. (Like the beauty of the term
"lift" compared to our lugubrious "elevator".)


--
Who needs a junta or a dictatorship when you have a Congress
blowing Wall Street, using the media as a condom?

- harvested from Usenet
From: Bob Larter on 4 Nov 2009 00:29
David Nebenzahl wrote:
> On 11/3/2009 5:05 AM Arfa Daily spake thus:
>
>> I was going to suggest contacting Carlsbro direct, as I had in the
>> past found them helpful. However, lokking at their website, sadly it
>> would appear that they are in administration, as of earlier this year
>> ... :-(
>
> Is "in administration" Brit-speak for what we call in bankruptcy?

Yes.

--
W
. | ,. w , "Some people are alive only because
\|/ \|/ it is illegal to kill them." Perna condita delenda est
---^----^---------------------------------------------------------------
From: David Nebenzahl on 3 Nov 2009 23:58
On 11/3/2009 9:29 PM Bob Larter spake thus:

> David Nebenzahl wrote:
>
>> On 11/3/2009 5:05 AM Arfa Daily spake thus:
>>
>>> I was going to suggest contacting Carlsbro direct, as I had in the
>>> past found them helpful. However, lokking at their website, sadly it
>>> would appear that they are in administration, as of earlier this year
>>> ... :-(
>>
>> Is "in administration" Brit-speak for what we call in bankruptcy?
>
> Yes.

Well, not quite, if you read Arfa's reply.


--
Who needs a junta or a dictatorship when you have a Congress
blowing Wall Street, using the media as a condom?

- harvested from Usenet
From: N_Cook on 4 Nov 2009 03:16
Arfa Daily <arfa.daily(a)ntlworld.com> wrote in message
news:qUVHm.43312$k31.24551(a)newsfe04.ams2...
>
> "N_Cook" <diverse(a)tcp.co.uk> wrote in message
> news:hcp07p$hks$1(a)news.eternal-september.org...
> > If anyone should have any info on the triac ? mains power protection, or
> > maybe similar Carlsbro amp , th/sw on heatsink plus other stuff
monitored
> > presumably. Its in an awkward area to get to, a lot crammed in a small
> > box.
> > Anyone happen to no basic data on Carlsro badged TO3 audio o/p devices
> > ERD1159
> > ?
> > (if on the off-chance of any schema, please confirm here , severe
filters
> > on
> > all my www divulged em accounts)
> >
> >
> > --
> > Diverse Devices, Southampton, England
> > electronic hints and repair briefs , schematics/manuals list on
> > http://home.graffiti.net/diverse:graffiti.net/
> >
> >
>
> I was going to suggest contacting Carlsbro direct, as I had in the past
> found them helpful. However, lokking at their website, sadly it would
appear
> that they are in administration, as of earlier this year ... :-(
>
> Another long-standing British company bites the dust.
>
> Arfa
>
>


Once the "administrators" (vultures) go in there is little chance of
survival. With all the accrued debts and then the costs of the
administrators on top. I was an unsecured creditor to the failure of one of
the last UK component makers, Cambridge Capacitors, Romsey , Hants . As part
of that process you get breakdowns of all costs. 600 GBP per hour for the
head administrator and 400 GBP per hour for his assistant etc etc on top of
all else.

If there is anything left to go to auction, I hope someone buys all the
manuals. I managed to buy the accumulated manuals of a large Southampton
electronic sales and repair business that was in Southampton from the 1950s
to failure about 10 years ago.


--
Diverse Devices, Southampton, England
electronic hints and repair briefs , schematics/manuals list on
http://home.graffiti.net/diverse:graffiti.net/



From: Arfa Daily on 4 Nov 2009 05:09

"David Nebenzahl" <nobody(a)but.us.chickens> wrote in message
news:4af0f7d1$0$4068$822641b3(a)news.adtechcomputers.com...
> On 11/3/2009 6:13 PM Arfa Daily spake thus:
>
>> "David Nebenzahl" <nobody(a)but.us.chickens> wrote in message
>> news:4af0cd5d$0$4062$822641b3(a)news.adtechcomputers.com...
>>
>>> Is "in administration" Brit-speak for what we call in bankruptcy?
>>
>> For all intents and purposes, yes, but AIUI theoretically sort of a stage
>> before declaring your company truly bankrupt. If you are in serious hock
>> to the bank for instance, and they are worried that they are not going to
>> get paid because of poor trading performance, they may force you into
>> administration, from which place, the administrators may ultimately
>> declare you bankrupt, if they determine the company is beyond saving.
>
> Ah, so. I think we call that being "in receivership" over on this side of
> the pond. (If I'm wrong I'm sure someone will correct me.)
>
> Points to your term for being more direct. (Like the beauty of the term
> "lift" compared to our lugubrious "elevator".)
>
>
> --
> Who needs a junta or a dictatorship when you have a Congress
> blowing Wall Street, using the media as a condom?
>
> - harvested from Usenet

We also use the term "In receivership" over here. I think it has slightly
more 'legal' connotations than "In administration" due to the fact that the
'receivers' or administrators are court-appointed as a result of some legal
case that's been brought against a company for non-payment or failure to
supply goods etc.

See http://legal-dictionary.thefreedictionary.com/Receivership


First  |  Prev  |  Next  |  Last
Pages: 1 2 3
Prev: Washing M/C will not Spin
Next: RCA 36V430T Chassis ITC008HYN turns on and off repeatedly.