Business
'Insufficient funds' to pay Brewdog creditors after takeover deal
Administrators say about £489,000 was owed for staff wages and holiday pay and £2.4m was owed to HMRC for unpaid VAT.
BBC Business•
Several creditors of collapsed Scottish beer giant Brewdog are not expected to receive anything from the administration process.
A report from administrators AlixPartners said there were "insufficient funds" for payouts from Brewdog's retail arm - including £2.4m owed to HMRC for unpaid VAT.
Brewdog had also owed £489,000 for wages and holiday pay, which will not be paid through the administration process. Staff have instead received compensation from the UK government's Insolvency Service.
A settlement involving drinks equipment sold to Marylebone Cricket Club, which owns Lords, which generated £62,000.