By Leon Symons, October 3, 2008
A kosher caterer has taken an unusual legal step to ensure that he survives the economic downturn.
Stephen Wolfisz went to the High Court on Friday to complete a company voluntary arrangement (CVA).
The caterer, whose offices are in Colindale, will continue to work, but under the supervision of an insolvency practitioner who is approved by the court.
"The whole idea is that I stay in business so that I can pay off the money I owe. This is definitely not liquidation or going bust. I owe some money but it is not a huge amount," he said.