AFFAIRS OF COMPANY
Petition for Reorganisation
DORMAN-LONG CONCERN
(Received December 1, 7 p.m.)
London, December 1.
After a six-day hearing in the Chancery Court, Mr. Justice Maughan refused petitions for the reorganisation of tiie Dorman-Long Company, involving a reduction of its capital of £11,248,000 to £1,750,000, and amalgamation with the South Durham Steel and Iron Company. Subsequently Mr. Justice Bennett in the Chancery Division granted a debenture-holder permission to apply for leave on December Bto serve a motion to appoint a receiver for tho Dorman-Long concern.
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Bibliographic details
Dominion, Volume 27, Issue 59, 2 December 1933, Page 7
Word Count
86AFFAIRS OF COMPANY Dominion, Volume 27, Issue 59, 2 December 1933, Page 7
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