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Liquidated company reopened with new ownership and asked me to claim under Section 75

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  • digalumps
    digalumps Posts: 179 Forumite
    100 Posts Name Dropper
    Yes claim the money for the old company and then rebook with this company if that is what you want to do

     it will be a totally separate contract from the old one
  • sleepyjones
    sleepyjones Posts: 6,092 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    What is the incentive they're offering, just out of curiosity?
  • glider3560
    glider3560 Posts: 4,115 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    benwade said:
    We discussed more details with them today and it’s become clearer. The company we booked with was liquidated and sold to a new owner. The previous owner & director is no longer associated with the company.
    The new company who bought the venue has taken on the venue with its debts and as a result, the money we are still due to pay is not enough to cover our wedding and they are going to make a loss on it.

    So if your contract has now been passed onto the new company, then the new company has to honour it, regardless of whether they will make a loss on it.

    If that were me, I'd be taking enforcement against the new company to get my money back (or the wedding I'd already paid for), rather than asking my bank to pay (which would be a last resort).
  • 2e0arr
    2e0arr Posts: 1,007 Forumite
    Part of the Furniture 500 Posts Name Dropper
    benwade said:
    We discussed more details with them today and it’s become clearer. The company we booked with was liquidated and sold to a new owner. The previous owner & director is no longer associated with the company.
    The new company who bought the venue has taken on the venue with its debts and as a result, the money we are still due to pay is not enough to cover our wedding and they are going to make a loss on it.

    So if your contract has now been passed onto the new company, then the new company has to honour it, regardless of whether they will make a loss on it.

    If that were me, I'd be taking enforcement against the new company to get my money back (or the wedding I'd already paid for), rather than asking my bank to pay (which would be a last resort).
    I hope your wedding is a success
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    benwade said:

    The new company who bought the venue has taken on the venue with its debts and as a result, the money we are still due to pay is not enough to cover our wedding and they are going to make a loss on it.


    Sounds like a load of ******* to me.  
  • keltob
    keltob Posts: 6 Forumite
    Second Anniversary First Post
    I bought £150 worth of vouchers for a steak bar (these run out in December 2020) the company has gone into liquidation, I paid with credit card , do I try to get a refund under Section 75 ?
  • Paully28
    Paully28 Posts: 291 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    No way i would be using the same company. Walk, no run away from them quickly. 
  • PaulW922
    PaulW922 Posts: 1,039 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    It is (usually) permissible for the old company to transfer its contract obligations to a new one, HOWEVER, your contract is with the original company and NOT the new one. So have no doubts or worries about claiming under s 75. I must admit, I do not like what you are being told by the new supplier, and if it were me I would take my business elsewhere 
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