Planet Organic owed £12.5m to creditors when entering administration

// The organic grocer owed over £12.5m to creditors
// Over 400 unsecured creditors will not receive the full amount that is owedPlanet Organic owed over £12.5 million to its creditors ahead of the rescue deal that saved 10 of 14 supermarket stores.
In April Bioren Ltd, whose shareholder’s include the organic grocer’s founders Renee and Brian Elliot, paid £810k to close the deal.
However, according to a new report by administrator Interpath Advisory, over 400 unsecu