Zenith Entertainments Limited
The Company was originally placed into Administrative Receivership with partners of a Big 4 Firm being appointed. RMT were subsequently appointed to deal with the liquidation.
As a former director and a major creditor I was immediately impressed by RMT’s ability to grasp the fundamentals of the business and implement a plan to maximise recoveries.
Unlike the Big 4 Firm, RMT utilised the director’s expertise in the complex field of film and television production. By liaising with us they used our knowledge and contacts in the industry to establish, not only, the full extent of the royalty payments due under the Distribution Agreements but also to compile a comprehensive list of titles and distributors to enable the Company’s production catalogue to be offered for sale.
RMT Recovery Team’s professionalism and understanding of the business has without doubt significantly improved the realisation of the Company’s assets and generated a better return for creditors.
I wish to express my appreciation for the way in which the RMT Recovery Team has dealt with the winding up of Zeniths affairs.