Maytree Travel on the verge of collapse

Yes, I know, its do with buses but it has a darker side shwoing that insurance companies can break companies - thus creating more unemployment, more "scroungers" for the plebs to laugh at!!!!

This is what was posted on a forum I go on....

Maytree Travel LTD

I regret to inform you that following the recent acquisition of Maytree Travel
by MCT, it has come to light that the current insurers for Maytree are not
prepared to continue providing insurance cover for claims arising out of
accident.

I have, and am continuing to seek to find alternative insurance and in the
interim, have been given a 7 day extension on the insurance cover by the current
insurers for Maytree Travel, (which was due to expire on midnight on saturday 30
march 2013.) Given the difficulties however the company is in the process of
considering the appointment of insolvency practitioners.


Whilst we do everingthing possible to ensure that the business continues, we
must emphasise that in the event that is not possible, then the business may
well ceasse trading as on midnight on 6th Aprill 2013 and as a result, from that
date your employment may be terminated by reason of redundancy.



This, although could very well be bad news, shows the power what an insurance company has over law-abiding service-providing companies. So another example of "we are all in it together" between the haves and have-nots!

or its an excuse to let the company fold

BoltonTillIDie wrote:or its an excuse to let the company fold

In this case, I don't think so a teh company had just been taken over by another company, as a subsidary, and even, by all accounts, the insurance company of the "mother" company do not want to insure Maytree Travel.

I know about a decade or so ago same thing happened to another Bolton bus company - Evag-Cannon. Insurance company pulled the plug and in the end the owner actually torched the buses and the owner ended up in prison for a while. But I also know a few shops which have closed due to having no insurance because the insurance companies have refused to give any cover.

I also know that insurance companies can refuse a person any form of insurance cover (e.g. contents, house, car etc) without actually giving a reason - and the worse thing is that there are only about 5 or 6 insurance companies in total as they all have subsidaries - such as HBOS having esure/sheila's wheels, more than, etc

It reminds me of a cartel.

Bus cartel

Natasha Whittam wrote:Bus cartel

Don't laugh - look at First Group!!!

They operate First Manchester buses, also operate First Trans-Pennine Trains that go through Bolton - they basically have a cartel on public transport in Bolton, and they know it with being the most expensive travel company in the area!!!

Bus wanker.

gone shurt up shop today

http://www.theboltonnews.co.uk/news/local/10334806.Passengers_stranded_and_staff_lose_their_jobs_following_collapse_of_Bolton_bus_firm/

Routes with no buses, in Bolton, tonight are:-
507 Bolton to Harwood Circular
510 Bolton To Bury
516 Leigh to Horwich
519 Bolton to Johnson Fold
525 Astley Bridge Circular calling at Smithills
527 Astley Bridge Circular calling at Smithills
534 Bolton to Oldhams Estate
536 Bolton To Breight via Darcy Lever
538 Bromely Cross Circular calling at Egerton
539 Bromley Cross Circular calling at Egerton
551 Bolton To Leigh
561 Withins Circular
562 Withins Circular
571 Great Lever Circular
572 Great Lever Circular
575 Bolton To Wigan
576 Bolton To Wigan
715 Bolton To Wigan

Only routes with buses tonight are:
8 Bolton to Manchester (First in Manchester)
22 Bolton to Trafford Centre (MCT and Stagecoach Manchester)
36 Bolton to Manchester (First in Manchester)
37 Bolton to Manchester (First in Manchester)
68 Farnworth To Trafford Centre (First in Manchester)
125 Bolton To Preston (Stagecoach GTL)
471 Bolton to Rochdale (FiM)
501 Doffcocker to Farnworth (FiM)
540 Bolton to Wigan (Stagecoach Wigan)
582 Bolton To Leigh (FiM)

As of this moment in time the routes that are not operating tomorrow daytime (from 0500 onwards) are:-
31 Farnworth To Manchester
512 Bolton To Bury
513 Bolton To Bury
525 Astley Bridge Circular calling at Smithills
526 Bolton To Barrow Bridge calling at Smithills
527 Astley Bridge Circular calling at Smithills
544 Bolton To Little Lever via Darcy Lever
553 Bolton To Leigh
559 Bolton To Aspull
570 Bolton To Sutton Estate
714 Bolton To Blackrod

More details of whats happening via the TfGM website:
http://www.tfgm.com/Corporate/media_centre/Pages/News.aspx?articleId=199

Route From To Operational details Operator Start Date
31 Manchester Farnworth Mon - Sat daytimes First 8 April

95 Pendleton Bury Mon- Sat daytimes First 8 April

96 Manchester Simister Mon- sat daytimes Stagecoach 8 April
96 Manchester Simister Sun daytimes Stagecoach 7 April

273 Bolton Rawtenstall Sun daytimes Rossendale 14 April

495 Prestwich Simister Mon - Sat daytimes Stotts 6 April

507 Bolton Harwood Mon- Sat eves First 8 April

510 Bolton Bury Mon-Sat eves & Sun First 8 April

512 Bury Bolton Mon-Sat daytimes Stagecoach 8 April

513 Bury Bolton Mon-Sat daytimes Stagecoach 8 April

516 Leigh Horwich Mon- Sat eves SLT 5 April
516 Leigh Horwich Sun daytimes Stagecoach 14 April

519 Bolton Johnson Fold Daily eves First 7 April

525 Bolton Hall I'th Wd Mon-Sat all-day First 8 April
525 Bolton Hall I'th Wd other journeys Arriva 8 April
525 Bolton Hall I'th Wd other journeys Arriva 8 April

526 Bolton Barrow Br Mon-Sat daytimes Arriva 8 April

527 Bolton Halliwell Daily all day First 7 April
527 Bolton Smithills Daily all day Arriva 7 April
527 Bolton Smithills Daily all day Arriva 8 April

534 Bolton Oldhams Est other journeys Arriva 8 April
534 Bolton Oldhams Est other journeys Arriva 8 April

536 Bolton Breightmet Mon - Sat eves Stagecoach 8 April
536 Bolton Breightmet Sun daytimes Stagecoach 14 April

544 Bolton Bradley Fold Mon-Sat daytimes Stagecoach 8 April

551 Bolton Leigh Mon-Fri eves SLT 5 April
551 Bolton Leigh Sat eves SLT 6 April
551 Bolton Leigh Sun daytime SLT 7 April
551 Bolton Leigh Sun eves SLT 7 April

553 Leigh Bolton Mon-Sat daytimes Stagecoach 8 April

559 Bolton Hindley Mon - sat daytimes Stagecoach 8 April

570 Bolton Sutton Est Mon - Sat daytimes Arriva 8 April

575 Bolton Wigan Mon- Sat eves First 8 April

576 Bolton Wigan Mon - Sat eves Stagecoach 8 April

583 Leigh Hag Fold Mon - Sat eves Stagecoach 8 April
583 Leigh Hag Fold Sun daytimes SLT 7 April

584 Leigh Crankwood Mon- Sat eves SLT 5 April
584 Leigh Crankwood Sun daytimes SLT 7 April
584 Leigh Crankwood Sun daytimes Stagecoach 7 April

597 Leigh Infirmary Sun daytimes SLT 7 April
597 Leigh Infirmary Mon - Fri peaks Stagecoach 8 April
597 Leigh Infirmary Mon - Sat daytimes Stagecoach 8 April
597 Leigh Infirmary Mon - Fri eves SLT 5 April

612 Wigan Wrightington Mon-Fri eves Wigan Bus 8 April
612 Wigan Wrightington Sat eves SLT 6 April
612 Wigan Wrightington Sun eves SLT 7 April

622 Wigan Orrell Mon - Sat eves Wigan Bus 8 April
622 Wigan Orrell Sun daytimes SLT 7 April
622 Wigan Orrell Sun eves SLT 7 April

714 Bolton Aspull Mon- Sat daytimes Arriva 8 April

715 Wigan Bolton Mon - Sat peak Arriva 8 April
715 Wigan Bolton Mon - Sat eves Arriva 8 April
715 Wigan Bolton Sunday Day & Eve Arriva 7 April
715 Bolton Wigan Mon - Sat eves Arriva 8 April
715 Bolton Wigan Sun day and eves Arriva 7 April

538 539 Bolton Egerton Mon-Sat eves & Sun Arriva 8 April
538 539 Bolton Egerton Mon- Sat eves & Sun Arriva 8 April

561 562 Bolton Breightmet Mon - Sat eves First 8 April
561 562 Bolton Breightmet Mon - Sat eves First 8 April

571 572 Bolton Lever Edge Daily eves First 8 April

Note:
Stagecoach Manchester (Ex-Bluebird of Middleton) operates 96, 512/513
Stagecoach Wigan operates all others that Stagecoach have won

These are only Emergency Contracts and only last for 13 weeks at most until new tenders are sought.

I think I'm about to make your day BWFC71 Look at this I have found:

http://classicbus.weebly.com/