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I can only imagine the court hearing did not go well as all creditors have not been payed by yesterdays deadline.
Quote: "Now we have to go back to court to come out of administration.
"We need to prove that we have the funding to meet our financial obligations."
When Mr Teixeira announced the new financial structure last week, he promised to repay all creditors by the October 6 hearing (London time).
"Our intention is to settle all our outstanding creditors prior to the administration hearing, and would like to thank them for their patience and support," he said.
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