Under the proposal, which was accepted by 96% of VIPs creditors, preferential creditors will be paid in full and unsecured creditors will receive 75p in the pound over five years.
VIP Print, which is trading profitably, ran into trouble after it was hit by bad debts of more than 500,000 last year.
Have your say in the Printweek Poll
Related stories
Latest comments
"Some forty plus years ago I was at a "sales" training seminar and got chatting to the trainer after the session had finished.
In that conversation he told me about another seminar he had..."
"It ever was!"
Up next...

Wide-format's gala expo
Visionaries welcome

Global Print Expo
Fespa 2025 stand highlights

Firepower boost
Data Mail Solutions installs second Canon inkjet

Orderly shutdown for Barnsley business