These are formal measures taken to deal with company debt.
It closed in 1969 to meet company debts in film and television production.
The tolls collected could not even pay interest on the company debt.
By the time of closure, the company debts totalled 31 million.
The proceeds will be used to reduce company debt.
In 1980 British banks accounted for 80 per cent of company debt.
The stock price fell from $22 in 2006 to under $5 and company debts rose to $185m.
Under the plan, company debt would fall to $165 million from about $930 million.
Public debt is a totally different animal to private or company debt.
The directors of small companies are often asked by creditors to give their personal guarantees for company debts.
