HMV Administration [Gift cards NOW ACCEPTED!]

railbuff

pmduk wrote: »

There is nothing to stop Government legislating that funds paid for gift vouchers should be ring-fenced and held in trust until the vouchers are redeemed.

this is what Park do regarding their HSF/L2S vouchers

thatguy1

According to Deloitte themselves on Facebook, they haven't yet been appointed and won't be until later.

Surely this means that HMV can't legally refuse to accept gift cards as payment.

https://www.facebook.com/deloitteuk/posts/396880020400154

pmduk

I suspect they only do it as the main way to retain any customer faith in the business model. I don't know, did they do it before Farepak or as a result of the aftermath and furore

pmduk

Perhaps Amazon should launch an online administration service. It would be cheaper for creditors and do to administrators what the net has done for the rest of the high street!:question:

DCFC79

rossireps wrote: »

are they still trading online?

Theres no mention on the site so i presume yes, id pay by CC if you can.

pmduk

DCFC79 wrote: »

Theres no mention on the site so i presume yes, id pay by CC if you can.

Sometimes a co in this position will just disable the ordering process until the web team can design a new page.

I believe if they aren't able to meet their debts, they'd be trading illegally in accepting new orders. Don't take my word for it, I'm not qualified in the subject.

DCFC79

pmduk wrote: »

Sometimes a co in this position will just disable the ordering process until the web team can design a new page.

I believe if they aren't able to meet their debts, they'd be trading illegally in accepting new orders. Don't take my word for it, I'm not qualified in the subject.

Would have thought a message would be on the website saying the firm is in administration.

Isn't the website classed as a different business ?

railbuff

pmduk wrote: »

I suspect they only do it as the main way to retain any customer faith in the business model. I don't know, did they do it before Farepak or as a result of the aftermath and furore

I dont think anyone even Farepak had thought of this. The ring fence was set up after Farepak by Park, their banks and the Government ( i suspect to save Gov face) as they got a backlash for not helping those effected out at the time.

railbuff

DCFC79 wrote: »

Would have thought a message would be on the website saying the firm is in administration.

Isn't the website classed as a different business ?

if you read the infor on the facebook page that is linked in post 45

deloittes have not been officially appointed as yet, so technically their should not have stopped accepted gift cards etc.

DCFC79

railbuff wrote: »

if you read the infor on the facebook page that is linked in post 45

deloittes have not been officially appointed as yet, so technically their should not have stopped accepted gift cards etc.

Well according to bbc site they are in administration