Canbet Sportsbook payout issues update - Canbet Director comments.. : Nominated Post

[JayZ]

Originally on 03/12/2014:

and correct me if I'm wrong Hareeba, but AFAIR there is no prioritisation of claims per se in UK insolvency law, so having a judgement dated earlier than others or one dated ahead of any final involuntary winding up/liquidisation order would mean nothing

There is no prioritisation within individual classes of creditors, providing a claim is made in time. Some get paid off first, and near the top of the list are the liquidator fees, followed by employee's unpaid salaries to a limit. Bottom of the pile are the shareholders. Players of a bookmaker would be amongst the unsecured creditors, above shareholders and debt interest.