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0.00% 40.0¢ brisconnections unit trusts

re: why doesnt some one pursue insolvancy When its insolvent the...

  1. snake100
    480 Posts.
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    30/12/08
    16:46
    Post #: 4645105
    re: why doesnt some one pursue insolvancy When its insolvent the liability disappears. Any assets left after paying bills given to shareholders. Key is the contract the company has with builders and suppliers. Have to make sure some money is left over

    The liability will be in a company name, so limited liability would apply as well, if you wonted to have a go.

    Just a thought.
    BCS Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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