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From the Guardian: 12:49pm

Thanks for following our live updates from Orient's winding-up petition at the High Court.

The outcome is as follows: The club have until June 12th to pay outstanding debtors which is estimated to be around £60,000.

Andrew Shaw who respresented the club said Mr Becchetti will hopefully raise a cash injection of £1million pounds into the club in eight to 10 weeks.

However Adam Michaelson believes there are more creditors to come and HMRC could issue another petition tomorrow.