A failed administration...
In the aftermath of the notorious data analytics activities of Cambridge Analytica, companies in this group suffered serious financial damage. Administration proceedings were initiated but the administrators were not able to profitably realise the group’s business. Unbeknown to the administrators, the Information Commissioner’s Office (ICO) had also seized the companies’ laptops and servers, which meant the business could not continue to trade. The failed attempts to market the business led the administrators to place the companies into compulsory liquidation and request that they be appointed as liquidators.
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