Gherkin in Receivership....

[kiethton]

http://www.costar.co.uk/en/assets/news/2014/April/...

Amazing how high the original gearing/big the currency issues must have been to have caused the uncured default!

Not exactly a small job for Deloitte!

[turbobloke]

Blimey, who would relish that.

[kiethton]

turbobloke said:

Blimey, who would relish that.

I'm sure the receivers will be relishing their fee!

[anonymous-user]

Oh what a pickle to be in

[turbobloke]

The receivers will have to run just to ketch up.

[turbobloke]

kiethton said:

turbobloke said:

Blimey, who would relish that.

I'm sure the receivers will be relishing their fee!

That must have come from a credible sauce.

[Leithen]

Is it a big deal? Never liked the look of it. They'll be looking to remove as much as possible from the top and the bottom, leaving only the meat in the middle. It'll be a bun-fight though with red stuff everywhere.

[iphonedyou]

They'll have to dip into reserves. They'll be burgered otherwise.

[pcvdriver]

Will other buildings' plan need to meat financial scrutiny before building commences?

[fido]

Well it might sour those plans a bit.

[longblackcoat]

They're in a right pickle, and they'll not be able to piccalilli and choose from potential purchasers.

[pcvdriver]

It's salad do all day - think up terrible buns.....sorry puns....

[Rovinghawk]

Lettuce all calm down. I'm sure the accountants will receive a good celery.

[FredClogs]

I'm sure things will be all right come to-marrow, the receivers will arrange the debts and form an orderly cue-come-barely anyone will go unpaid.

(feck that was hard work)

[blindswelledrat]

longblackcoat said:

they'll not be able to piccalilli and choose from potential purchasers.

You what? That's not how puns work.

You can just blurt out anything vaguely related and hope for the best.
Erm, these investment bankers have erm big mac mealed this all up haven't they?

[Oakey]

blindswelledrat said:

You what? That's not how puns work.

You can just blurt out anything vaguely related and hope for the best.
Erm, these investment bankers have erm big mac mealed this all up haven't they?

Lmao, what a whopper

[blindswelledrat]

anonymous said:

[redacted]

We were all wondering about the banana covenant ratios, activist bondholders and the mezzers......
Of course we weren't because nobody in the world except you has ever heard those words before

[Mr GrimNasty]

One investor bottled it, owing to a lack of preserves.

[Jonny_]

I'm really cheesed off at this news that my investment didn't cut the mustard. Now how will I pay for my Rolls Royce Corniche-on?

(Extra PH points for working a car into it? )

[Rovinghawk]

Was it built by Balfour Beetroot?