News

Blair Milne insolvency practicioner

126 year old Scottish…

James Haugh (Castle Douglas) Ltd,one of Scotland’s oldest car dealerships, has gone into liquidation and is seeking a buyer. Campbell Dallas Restructuring Partner, Blair Milne, is looking to sell the business and assets. James Haugh (Castle Douglas) Ltd is a prominent and much-valued car dealership and service centre that has served the South of Scotland for well over a century. Unfortunately, in recent years the rise of internet sales has seriously affected trade and margins, and the business was not sustainable. The dealership was founded in 1890 hiring out horse-drawn carriages and was one of the first...