CRL Management likely to close amid Alpha fallout
Alpha was CRL's sole provider until it went bankrupt last year, and CRL has filed a document on Companies House which proposes the firm is wound up.
CRL Management has entered a company voluntary arrangement (CVA) ahead of likely being wound up.
According to documents filed on Companies House, CRL Management will continue to trade only to serve the terms of the CVA. It has been proposed that the company be wound up following the issuance of final certificates on its existing jobs.
Steve Mansour, CEO of CRL Management, told Insurance Age that winding up the business was the “most likely outcome”.
CRL’s creditors agreed to the CVA via an
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