Listed liabilities: $40.9m
Assets: $487,757

Ninety-thousand dollars of the assets are in the form of a Bentley. Who wants it?

According to the bankruptcy filing, Foxtons' largest creditors are its former parent company, Foxtons Ltd. of London, which is owed $1.8 million, and the London Foxtons' parent company, Heven Holdings Ltd., which is owed $35 million. The company also owes $3 million to Enterprise Fleet Services of Wayne, for leased autos. Other creditors include General Electric Capital Corp. ($272,264); Marple Fleet Leasing of Pennsylvania ($70,958); and AT&T ($61,269).

More here.

Has Foxtons US violated American employment law? [October 5, 2007]
Lessons to be learned from Foxtons USA's disaster [October 3]

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