A winding-up petition has been issued against the Northern Irish Championship One club in connection with the installation of a 3G pitch. In court on Thursday a judge agreed to a two-week adjournment, but proposed proceedings could be approaching “the end of the line” for the semi-professional club.
Club Confident of Reaching a Resolution
Proceedings against the Seasiders focus on work carried out at the Bangor Fuels Arena. In 2013, the club opened a brand new all-weather training surface at the Clandeboye Park ground. It was hoped the new training facilities would create additional revenue for the club that was founded in 1918. Contractor TAL Civil Engineering is reportedly behind the winding-up petition due to outstanding debts for its work on the project. The amount disputed is not know. Ahead of Thursday’s hearing Bangor issued a statement conveying confidence that a resolution to secure its future would be reached.
A lawyer representing the club accepted in court there was “some concern” over the debt. She said she had been instructed to seek an adjournment for time to advise her client. Master Kelly questioned the lack of steps taken to prevent the petition being issued.
Master Kelly reportedly had this to say:
“To approach it in terms of any question or dispute is going to be very difficult for the company. It’s really the end of the line.”
However, the Master agreed to put the case back for further instructions. The winding-up petition will be heard again in two weeks time.
Winding-up Petition Solicitors
If you have received a winding up petition our legal experts are able to provide legal advice and representation. Our team of solicitors and barristers can obtain a court adjournment; CVA’s or successfully challenge the validity of the winding up petition to ensure that the petition is dismissed, often without public advertisement.