opus clients please read this urgent, page-48

  1. 959 Posts.
    "Finally, if Opes can't pay, an action may be instigated against the directors. They will by this time have probably divested their assets and may make a small offer to clear the matter. Maybe better than nothing."

    If the directors of Opes did have assets, and they have only recently been divesting them (as opposed to ensuring assets don't accrue to them in the first place) and there are liabilites attaching to the directors, then bankruptcy laws allow claw back of asset disposals that are designed to defeat creditors or potential creditors.
 
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