Horseshit. Nobody is going to spend £50m (the figure is more like £90m should they lose the big tax case) to save them when they can pick over the bones of a corpse for **** all. The important thing to come from that is Craigy Bhoy not having secured creditor status. I didn't understand in the first place how he thought he had it. A lovely sound-bite but he's said nothing. I'll take from his courting of suitors and the probable fight over preferred creditor status that a CVA is not going to happen.
Positioning themselves into having people think that a newco is simple a legal move. A big massive girfuy forever William and you know it.