Claims extracted
18
sentences that state something as happening or true
Uncertain
6%
1 of 18 hedged
("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
66/100
The Guardian's corrections and
hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
4
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
Accountants picking over the remains of BrewDog, the “punk” beer company that collapsed earlier this year, have said that creditors who are owed about £190m will not be paid back.
asserted
who → pick → m
In an update on their progress, administrators at AlixPartners warned there were “insufficient funds” to pay debts in full related to unpaid wages, tax owed to HM Revenue and Customs, and overdue bills from other businesses.
asserted
administrators → warn → businesses
Earlier this year, the US cannabis and drinks company Tilray snapped up BrewDog’s brand, intellectual property, UK breweries and 11 bars in a rescue deal for about £33m, agreed after the brewer fell into administration.
asserted
brewer → snap → administration
But the deal in March did not includemost of BrewDog’s chain of bars, with 38 closing and 440 staff losing their jobs.
asserted
staff → includemost → jobs
The collapse rendered worthless the investments of 200,000 “equity punks”, the small investors who crowdfunded the business.
asserted
who → render → business
AlixPartners admitted on Thursday that creditors owed more than £190m were also unlikely to get their money back.
asserted
creditors → admit → money
It cited increased costs owing to “unauthorised occupiers” having to be removed from BrewDog’s shuttered bars and the limited sums recovered from the sale of assets, such as vehicles of “old age and varying roadworthiness”.
asserted
occupiers → cite → age
Supposedly “preferential” creditors of the bars business who will not get their money back in full include the UK government.
asserted
who → get → government
Staff who were owed £489,000 in wages and holiday pay have already been compensated under the government’s redundancy payment scheme.
asserted
who → owe → scheme
But AlixPartners said there were not enough funds to repay the government, or to pay £2.4m in taxes owed to HM Revenue and Customs.
asserted
AlixPartners → say → Revenue
However, a separate sum of £3.6m owed to HMRC will be paid back.
asserted
sum → owe → HMRC
Unsecured creditors, including a host of British businesses such as Lord’s Cricket Ground, West Ham United FC and Manchester University, will receive less than a penny in the pound.
asserted
creditors → include → pound
Private equity investor TSG, which bought a 22% stake for £213m in 2017, had its investment wiped out and will not recoup debts of nearly £28m.
Lender HSBC is expected to recover about £42m of about £61m it is owed.
James Watt, who co-founded BrewDog with friend Martin Dickie in 2007, has previously said that he was left “heartbroken” by the brewer’s collapse.
asserted
he → buy → collapse
Watt’s tenure at BrewDog was marked by controversies, including criticism for the dubious taste of marketing stunts and an allegedly “toxic” working culture, for which he apologised.
uncertain
he → mark → which
He has since set up several new businesses, including Social Tip, which pays people to make social media posts about brands.
asserted
which → set → brands
After being rebuffed in a bid to buy BrewDog back, he also launched a new beer business, Second Best, and has offered former BrewDog investors free shares in the business.
asserted
he → rebuff → business
However, multiple people who received offers of shares complained to the Information Commissioner’s Office, which regulates data privacy, saying they were concerned Watt had not obtained their contact details legally.
asserted
Watt → receive → details
Watt has denied any wrongdoing.
asserted
Watt → deny → wrongdoing