Press release

Directors of sofa manufacturer banned after breach of bankruptcy regulations

Martin Muldowney (“Mr Muldowney”), and Roger John Hallas (“Mr Hallas”), directors of Oldham-based CFS Furniture Ltd (“CFS”), which went into liquidation in January 2012, owing more than £1m to creditors, have been disqualified for a total of 16 years; Mr Muldowney, for acting as a director while an undischarged bankrupt and Mr Hallas for allowing him to do so.