Gilbride Watch: Get your claims in quick!
Posted by scottdouglas on March 20, 2008
Following yesterday’s post about Frank Gilbride resurfacing as the G7 Network, it appears the demise of Newsflash has taken an official turn.
allmediaSCOTLAND. com has reported that creditors of the defunct press agency have until next week to lodge their claims.
I hope the staff who were unceremoniously emptied without any money might now have a glimmer of getting what they are due.
A public notice in yesterday’s Herald newspaper, makes it clear that liquidators are involved and anyone seeking to make a claim against Newsflash need to do so soon.
Yesterday’s announcement in full:
“Notice is hereby given that on 13th March 2008, a Petition was presented to the Sheriff at Stirling by Newsflash Press and Picture Agency Limited having their registered office at 6 Pendreich Road, Bridge of Allan, Stirling FK9 4LY (’the Company’) craving the Court inter alia, that the Company be wound-up by the Court and that an interim liquidator be appointed, in which petition the Sheriff at Stirling by Interlocutor dated 13th March 2008 appointed all persons having an interest to lodge answers in the hands of the Sheriff Clerk, Stirling, within eight days after intimation, advertisement or service and eo die appointed Matthew Henderson, Accountant, 10 Melville Street, Edinburgh EH3 7LU to be provisional liquidator of the Company with the powers specified in Parts II and III of Schedule 4 of the Insolvency Act 1986, of all of which notice is hereby given. Kerr Stirling LLP, Solicitors, 10 Albert Place, Stirling FK8 2QL, Agents for the Petitioners.”

My StumbleUpon Page




March 20, 2008 at 1:22 pm
Hi Scott,
I’m a former Flash employee and have tonnes of stories about the wee man, the legendary Franko. Lack, rather complete, total and utter lack of morals aside, he’s a loveable rogue (I’m being sarcastic here). I recall how he used to flog exclusives to the Sundays, he would slam the phone down and shout “Chi-ching!” across the room as he ribbed his little Beadle-like hands together. Similar to another entry on here, I was once in the Edinburgh office and some numbskull locked everyone out at lunchtime. Franko therefore ordered his troops into the phone box outside the office to file as deadline approached. Oh how we laughed as he asked us to use our own money. The little rascal. I also recall how we had a trainee with a speech impediment. It quickly dawned on Gilbride this candidate wasn’t ideal for carrying out phone interviews and realising the trap door would swiftly be administered on Friday afternoon, Franko repeatedly mimicked a person with “mental retardation” each time he left the room. What a character! I could go on and on but I’m not sure if Franko would pursue a legal route now he is slightly more hard up than normal. Aye right.
March 20, 2008 at 7:40 pm
Wee frank was at it again today bombarding the newsdesks with an ever increasing amount of stories.
Maybe one day he’ll file the real story of what happened at the Flash.
Ker-ching!!
March 21, 2008 at 9:56 am
Is it true Frank only ever liked anyone who made him tonnes of money and everyone else was insiginficant, in other words a c***? I don’t believe this rumour. Anyone who worked for his newsgathering organisation was well looked after and respected. Ahem.
March 21, 2008 at 8:56 pm
That would explain why when he had a 10th anniversary bash the place was heaving?
March 25, 2008 at 5:11 pm
aye people heaving to leave
March 29, 2008 at 12:52 am
It was like 20 people attending a match at Hampden.
May 6, 2008 at 7:47 am
[...] wages - let along any sort of redundancy money? Then there we Liquidators announcements in the Public Notices sections of the newspaper. Now those same staff have started long and drawn out Industrial Tribunal procedures against [...]