 The meeting is due to take place at the Britannia Stadium |
A meeting of creditors of Waterford Wedgwood, which has been sold to a US private equity firm, has been held in Stoke-on-Trent. Last month it was announced that the company, which went into administration in January, had been sold to New York-based KPS Capital Partners. The meeting, at Britannia Stadium, was aimed at giving people owed money a chance to come forward and make claims. Costs incurred by administrators Deloitte were also discussed. A report compiled for the meeting includes details of how the company ended up going into administration and statements from directors. The Waterford Wedgwood group had debts of about £400m when it went into administration.
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