By Marcus Dysch, August 15, 2008
Newlywed couples and their wedding guests are unlikely to receive money or undelivered presents from collapsed online gift company Wrapit, administrators confirmed this week.
KPMG said it "did not consider funds would be available" for unsecured creditors, including gift-less couples, staff and suppliers.
A full report into the company's failure would be published within the next eight weeks, said the administrator.
More..