Directors may not be able to use funds to defend an action, but...

  1. EuroTravelLover
    959 Posts.
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    29/03/08
    22:59
    Post #: 3521588
    Directors may not be able to use funds to defend an action, but the post I was replying to appeared to be referring to an action against Opes itself, not the directors of Opes. If action is brought against Opes then the company's funds can be used for legal and other costs of defending it.
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    lightbulb Created with Sketch.  Great analysis
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