A Statement from Phoenix Venture Holdings
Statement on the Longbridge Trust – October 2010 From: Nigel Petrie – Non Executive Director, Phoenix Venture Holdings. The Trustees of the Longbridge Trust have recently received an update from the PVH Directors and these are the key points. Since April 2005 a great deal of work has been carried out to liquidate the assets of Phoenix Venture Holdings, including its subsidiary, MG Rover Dealer Properties. This process has involved the sale of assets, the assessment of claims
First meeting with Phoenix
All, there was a meeting on 21st September 2010 at Transport House in Birmingham to discuss the status of the Trust Fund. The attendees were: Oliver Thomas (Justice for Rover Workers Group), Richard Burden MP, Gemma Cartwright and Andy Cartwright (Rover Community Action Trust ), Gerard Coyne (Unite the Union), Peter Dillon (Financial Consultant to Phoenix Venture Holdings), Nigel Petrie (Chair of MG Rover Trust Fund and Non Executive Director of Phoenix Venture Holdings), Eri