Wednesday , November 14 2018
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Some uncomfortable reading for the former administrators of Ve Interactive

Summary:
Last month, we reported on the removal of the administrators of Ve Interactive, a former British technology “unicorn” that was sold in a pre-pack administration for £2m in 2017.A group of creditors, supported by the now bankrupt founder and former chief executive David Brown, had claimed the sales process was botched by administrators from Smith & Williamson.Ve Interactive’s new owners, led by Scottish businessman Douglas Barrowman and entrepreneur Mark Pearson, were not parties in the case.They had ousted Brown in March last year and put in new management who ran the business in the run-up to its administration and sale in April.Barrowman and Pearson were directors of Ve at the time of the sale to Rowchester Limited, the vehicle they and their backers used for the purchase.Separately,

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Kadhim Shubber
He is a freelance journalist who first bought bitcoins so that he could buy a beer at The Pembury Tavern, Hackney’s bitcoin pub. He has reported for Slate, Wired, The Daily Telegraph, The Sunday Times and Ampp3d. He is currently studying for a Masters in Journalism at City University London.

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