We have just heard that the assets of both DDAT UK and Camden Holdings limited (both of which traded as Dore) have been bought by Wynford Dore. As the Sun reports, Dore
Founder, the paint millionaire Wynford Dore today bought the assets of the company.
But he has taken NO responsibility for its debts.
That means staff owed thousands of pounds in wages and parents who paid more than £2,000 for the controversial course are likely to be left out of pocket.
Administrators have confirmed that neither Dore, nor rugby ace Kenny Logan — who was a director of the company — is legally obliged to repay creditors.
Wynford Dore…said: “I hope by Monday there will be lots of very positive news.”
But he refused to say whether there would be any “positive news” for creditors.
While Wynford Dore is apparently under no legal obligation to pay the creditors of Dore what they are owed, we very much hope that he has the integrity to do so: in particular, we hope that he repays the staff and clients who have been left out of pocket when Dore companies went into administration. However, it now appears that many creditors will not get their money.
Perhaps especially noteworthy in the Sun article is the quote from the (effective and expensive PR company) Phil Hall and Associates: this is not acting for Dore “at present”. One must wonder whether Wynford Dore will be paying an expensive PR company for this new enterprise long before Dore’s creditors have been paid back, and long before they have any good quality evidence to show that the treatments they are selling work. One must also wonder if the media will swallow the same ‘miracle cure’ stories all over again?
If Wynford Dore is able to continue to aggressively market an unproven ‘cure’ for various learning difficulties to vulnerable clients – and can do this without even paying back what is owed to the creditors of previous incarnations of Dore – then this will be very unfortunate, and a real indictment of the UK mainstream media and regulatory systems.