Wedgwood creditors line up - but the pot could well be empty

Wedgwood creditors were lining up to stake their claims at a meeting today as the wider fallout from the collapse of the pottery giant has become apparent.
The Sentinel reported that 60 people - including individuals and those representing companies - went to the Britannia Stadium at the event hosted by administrators Deloitte.
Such meetings are designed to report to everyone owed money by an insolvent firm to find out what the position of the company was when it collapsed, how much it owed to creditors, and how much in the way of assets it had.
The idea is that the administrators can divvy up whatever cash can be raised from the sale of assets between those owed.
Of course, in most cases the bank and the VAT man are so-called preferential creditors and get paid off first, usually leaving the rest out of pocket.
That's likely to be the case here, given that Waterford Wedgwood had debts of £400 million at the time of its collapse.
Meanwhile, little appears to have been heard about KPS' plans
for the group it has just bought.
There was a whisper on Twitter about last days at work this Friday, but I've not heard any more since. Do you know anything?