The administrative receivership status of Ferrari Holdings Plc involves two Novell Authorised Systems Houses, Ferrari Computer Services and Skytech Ltd. Skytech is also a Novell Distributor. Both companies are owned by Ferrari Holdings which appointed Arthur Andersen as receivers last week. Andersen says it is hopeful that Ferrari Holdings will be sold as a going concern. And there has already been expression of interest. A spokesman added that the duty of the receivers is to make the greatest returns for the bank. This is likely to mean that Ferrari, which consists of a hotchpotch of different companies will be dismembered and the various companies will be disposed of separately.
