Travel management consultancy goes bust
Well-known travel industry figure Michael East has placed his management consultancy business into liquidation.
A creditors’ meeting for Eastcastle Management Group will be held in central London on April 11 under Section 98 of the Insolvency Act 1986.
Until last month, East also ran events management company Kingley and published a daily travel industry news bulletin, e-tid.
However, these were acquired in March by Travel Weekly Group, of which East is a Board member. The last issue of e-tid was issued on Friday.
Eastcastle Management Group, which was set up 27 years ago, is understood to have employed one full time member of staff and two part-timers. East was the sole director.
Insolvency practitioner Jeremy Berman of Berley Chartered Accountants has been appointed, according to the London Gazette, and a list of the names and address of the Company’s creditors will be available for inspection at their offices in New Cavendish Street, London, on April 9 and 10.
Michael East refused to comment.
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