It is the same business model as for worked out mines, Paul.Quote:
Originally Posted by Bushmiller
The company stops earning revenue, it stops paying its bills, a liquidator is appointed, he examines the lovely agreement about site regeneration but there is no money to do this so it becomes irrelevant. The liquidator recovers what he can and pays 2 cents in the dollar, takes a very generous fee and closes his books.
Muggins the taxpayer is left to either ignore or clean up the mess.