arl going bust?, page-12

The good news is that ARL is a limited liablity company. No one can be made to put more money in if they don't want to.

The bad news is that ARL, which now holds most of the former Premium Income Fund Assets, sold $5.6m of assets during the year but spent $6.9m!

That is $2.6m classified as expenses and $4.3m classified as “property outgoings and mortgage loan advances”.