Page 52 - Drambuie case study
P. 52
SPECIFIC ACTIONS (1)
Investment Focus
September 2005
• Glenvarigil situation resolved, except property lease
guarantees
• Headcount reduced from 65 to 45
• Family costs restructured into:-
• MM Director’s loan account in course of settlement
o cars, credit cards, expenses eliminated
o non-exec directors’ fees to MM and DM
