Henry creditors payout hangs on £31m family legal fight

Joint administrators David Hudson and Geoffrey Rowley of FRP Advisory said any dividend for more than 5,000 unsecured creditors of Henry Construction Projects, which collapsed in June 2023 owing over £43 million, depends entirely on the success of roughly £31 million in litigation against former directors and Henry family-linked entities, including efforts to claw back a disputed £10 million dividend payment and other alleged breaches.

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