RSM Restructuring Advisory, the UK firm appointed by the courts to administer the affairs of failed online poker operator PKR (see previous reports) has issued a statement laying out its priorities.
Speaking for the company, administrator David Taylor said that in regard to PKR.com’s parent companies, PKR Ltd and PKR Technologies Ltd, RSM’s first priority is to seek “a buyer for the business and assets as a whole.”
The alternative, he said, was to seek “a buyer for the player database and other assets.”
Taylor went on to advise that it is not just the players that have to be considered, but other creditors, and that RSM has a duty to maximise realisations for the benefit of all creditors.
He promised that RSM will keep all interested parties updated on developments as they occur by using the PKR.com website, and invited players to contact the administrators with any questions they may have by emailing pkr.restructuring@rsmuk.com.