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	03/06/2013	Insolvency News, Joe McGrath - Private equity firm pays Dreams' creditors

	Sun European pays off Dreams' creditors

	Insolvency News reports that Sun European Partners LLP has paid 75p in the £1 to trade creditors of Dreams, following its pre-pack administration. The payoff, worth £23m, was reported over the weekend in the Daily Telegraph, and will go some way to ease the frustrations of the company’s suppliers. It is understood that £65 million of debt remains unpaid, with £24 million of rental payments included in that figure.

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Sun European pays off Dreams' creditors