Following the collapse of Peters Opal it’s reported that around 30 people turned up for the BA Peters creditors’ meeting last Friday, October 19.

Among them were irate boat owners who had dealt with Peters Plc on brokerage and new boats and had been left with neither boats nor money to show for it.

There was much heated debate on how the client account ended up with a shortfall of 536,000 GBP and KPMG says two directors have been asked to sign affidavits on where the client account funds had gone.

Boating Business reports that November 6 is the date for the court hearing on how the client account should be dealt with. The first hearing is expected to be procedural and to set a second hearing date, hopefully, before the end of this year, or early next.

For more information see the full news story on www.boatingbusiness.com.