After five years, Thomas Cook creditors to get payouts


After five years, Thomas Cook creditors to get payouts

Tuesday, 09 Jul, 2024 1

Creditors of the 2019 Thomas Cook Group collapse will soon get long delayed payouts.

The Official Receiver announced it will return £280 million to creditors.

It has now realised all assets which range from the sale of airport slots, hotel investments and the high street stores.

Official receiver David Chapman said: My team has been working hard to finalise the liquidation which can now be distributed to creditors.”

“I would encourage creditors to visit the dedicated Thomas Cook Claims Site  to check their claim as soon as possible.”

It has been a complex process with 57 different Cook entities in liquidation.

Eligible creditors will likely receive payoffs before the end of September 2024.

For creditors who haven’t submitted a claim, they must do so by 2 August 2024. 

Related News Stories:  Melbourne Airport owner appoints new chair     American Cruise Lines begins Mississippi cruise season     Fiji Airways joining oneworld as full member airline     RIU completes the refurbishment of the Riu Caribe and brings its …     Ski specialist Powder White goes bust – TravelMole     The Palm Beaches unveils agent training portal     Singapore to give “SilverKris” lounges global makeover – TravelMole     Arival – TravelMole     Aer Lingus could cancel one in five flights     Canadian Affair – TravelMole    



Related News Stories:  



 

profileimage

TravelMole Editorial Team

Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.



Most Read

Dana Young of Visit Florida at WTM 2024

Patrick Harrison on Tampa Bay Tourism’s Resilience and Marketing Strategy

Bubba O’Keefe on Clarksdale’s Vibrant Music Scene

Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee

Craig Ray and the Expansion of the Blues Trail

Presenting Mississippi’s Cultural Trails with Katie Coats

Robert Terrell: A Journey Through BB King’s Influence

Rochelle Hicks: Celebrating Mississippi’s Musical Legacy

Exploring Jacksonville with Katie Mitura: The Flip Side of Florida

Tricia Handley-Hughes of Inteletravel announces the location for the TravelQuest 2025 conference

Insights from James Ferrara on Inteletravel’s Growth and Future

Tricia Handley-Hughes on Inteletravel’s Growth and Challenges
TRAINING & COMPETITION

Our emails to you has bounced travelmole.com Or You can change your email from your profile Setting Section

Your region selection will be saved in your cookie for future visits. Please enable your cookie for TravelMole.com so this dialog box will not come up again.

Price Based Country test mode enabled for testing United States (US). You should do tests on private browsing mode. Browse in private with Firefox, Chrome and Safari

true