Suffolk wedding venue place into liquidation
Monday, 26 October 2020
Andrew Kelsall, Partner at Larking Gowen, commented, “Clearly the wedding venue and hospitality business has been curtailed by the current COVID-19 pandemic, and Government limits on wedding party numbers and hospitality events. This means that Butley Priory Limited finds itself in a financial position where it’s unable to continue operating with the current restrictions and future uncertainties.
“The Director and Manager, of Butley Priory Limited, have been in negotiation with the owner of Butley Priory regarding future events at the Priory. It’s likely that the owner of Butley Priory will commence to operate a wedding venue business and will provide credit to any couple that have paid deposits to Butley Priory, if they decide to proceed with their wedding plans. I understand that all couples affected have been contacted.”
Andrew concludes, “It’s important to clarify that the owners of Butley Priory have not been involved in the business of Butley Priory Limited.”
Creditors of Butley Priory Limited will be contacted shortly about the proposed company liquidation.