Wilko and Canute’s administrator locked in legal tussle over £600,000 deposit
The administrator of Canute Haulage Group is locked in a legal tussle with the haulier’s one time largest customer, Wilko, over a disputed £600,000 contingency relating to a contract termination. The end of the 29-year contract with the retailer in September 2017, which represented 30% or £30m of Canute’s annual turnover at that point, was a hammer blow that led to the firm’s collapse in May 2018 and subsequent sale. At the time it was made public that Wincanton would [...]
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