WPP has lodged an affidavit on behalf of Ogilvy & Mather expressing its concerns over the Canary Wharf rescue package.WPP believes the reconstruction does not secure sufficient cash flow to satisfy long term interest of tenants.
Administrators Ernst & Young must lodge a response today, so that the matter can be heard in the High Court on Monday.
ISBA SPONSORSHIP POST
The first Chairman of the newly-formed ISBA Sponsorship Committee is Rodger Broad, Corporate Sponsorship Manager of British Telecom.
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