Veritas-IT - unpaid invoices.....

[MADBILLY]

contractors getting there money back

Lets face it they didn't bother buying the debt. They dont need to so why even bother.

Don't give out any money is its not needed.

Why hasnt the agency that agreed to pay us back some of our money that we are owed, been engaged. Is it down to the client to say who we go through or can we decide for ourselves. ??
From what I can make out ESS has no intention in paying us back any of the debit only looking to profit from our new timesheets.???

Can any one remember who the agency was??

[Idaho]

Are you what you claim?

Why hasnt the agency that agreed to pay us back some of our money that we are owed, been engaged. Is it down to the client to say who we go through or can we decide for ourselves. ??
From what I can make out ESS has no intention in paying us back any of the debit only looking to profit from our new timesheets.???

Can any one remember who the agency was??

You don't seem to have a grasp of the facts yet are prepared to make pointed statements like this one. One fact that I know is that this situation was created by Veritas and its directors (whom I suspect you know very well) and not by ESS.

What ever ESS paid for the contract book would have gone into the pot to pay secured creditors. ESS are attempting to take the business forward and run it at a profit (something the inadequate Veritas directors were unable to do). To do this they need the contractors on side and will need to explore how they can do that. The fact they haven't been in contact with you suggests to me that you are not what you claim i.e. a contractor.

[maxs567]

ESS's rights - and obligations

Hello,

I have a question. Sorry for the length of this note, but it is a very important question.

ESS bought contract book around October 8th. The effective date of those contracts seem to be for the period where timesheets were not submitted; for me that was sometime in August.

So, they are requesting unsubmitted timesheets from contractors in order to submit them to the client. But they are saying they will submit the timesheet to the client and pay the contractor only if the contractor signs a contract with them going forward - from October 8.

What they are not saying - and perhaps that is why they are not returning my calls - is that if they bill the client, then they are legally obligated to pay the contractor their portion of that money, even if the contractor has not signed a contract going forward.

They are also saying that they have the right to collect timesheets for that period; if so, it seems to me that they have to obligation to do so. The only way they have the right to collect from clients is if they consider that their contract with the client was valid during that period. In that case the same argument can be made for the contracts with the contractors.

Unfortunately I have no intention of working with them. I am working directly with my client, under the argument that my contract was breached on September 29th when I was not paid.

As a result they have not been returning my calls; which is surprising to me, as they are leaving quite a bit of money on the table.

My question is:

- If I submit a timesheet and they submit a bill to my client, would they be legally obligated to pay me my part of it.

- can I legally force them to accept a timesheet from me for that period where they are demanding unsubmitted timesheets.

I think they would be afraid of that question and that may be why they don't want to talk to contractors that haven't signed up with them, even though they are leaving a lot of money on the table..

[WindyAnna]

- If I submit a timesheet and they submit a bill to my client, would they be legally obligated to pay me my part of it.

- can I legally force them to accept a timesheet from me for that period where they are demanding unsubmitted timesheets.

1. No

2. Not sure I understand the question

[BlasterBates]

This company has no obligation to pay you anything, because you don´t have a contract with them; the fact that the client paid them is something you have to tackle with the client. The only action you can take is against the previous company, which I understand is now bankrupt, or the client.

If I were you I´d come to an agreement.

Of course I maybe completely wrong

[outofwork]

Greg Lawless

Greg is working for Spring in London as wait for it....................sales manager. Does anyone know what Marcus and Jason is up to. I have someone in 'the village' keeping an eye and ear open but no news yet. If the client pays ESS the contractor will not get a penny back dated. I know this because I know someone that is looking to leave ESS. .....sorry.

[maxs567]

8 weeks since Veritas bankruptcy

has anybody heard from BDO? normally, the administrator must come up with a report within eight weeks after the bankruptcy and it has been eight weeks already.

[Sockpuppet]

Phone the BDO and ask?

[maxs567]

report going out today

I did call BDO and they said that a report is going out to all creditors today. (I asked to verify that I was on the list and found that I wasn't so if you want the report, better check). There are about 400 creditors. The upshot of the story as I understand it is that unfortunately the assets that were raised from the sale of the contracts and the recovery of invoices were not enough to satisfy the secured creditor (the bank) and there is nothing left for the rest of the creditors.

[rpwatson@btinternet.com]

Veritas : administration: Nothing for unsecured creditors

Just received the official letter from BDO Stoy Hayward about Veritias IT in administration. (dated 5th Dec 2007)/

To quote

"As there is no prospect, on present information, of a surplus arising for unsecured creditors, there will be no initial creditors meeting unless summonded by creditors....etc"

I.e contractors will not get anything.

(I am owed £14000)

The staff reduncancy payments are a different matter though.

The letter mentions that Veritias messed with integrating with Paragon IT (my former agency) last year, and had not been invoicing clients on time.