First Aspect
Legendary Member
Who are instructing Simmons and Simmons, or more properly who do they act on behalf of. I would imagine the £122M is probably quite far up the queue of debtors.
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Who are instructing Simmons and Simmons, or more properly who do they act on behalf of. I would imagine the £122M is probably quite far up the queue of debtors.
briantrumpet
Timewaster
I'm happy to be proven ignorant by Spen, aka 'educated'.
First Aspect
Legendary Member
Well the answer to my question is HM Govt.
spen666
Veteran
If they are indeed "liquidators", they will have been appointed by the courts. not the Govt
Sorry to break it to you, but the govt are not instructing the liquidators to do anything here. The liquidators have statutory duties to all the creditors
But, please don't let facts get in the way of your prejudices
Sorry to break it to you, but the govt are not instructing the liquidators to do anything here. The liquidators have statutory duties to all the creditors
But, please don't let facts get in the way of your prejudices
First Aspect
Legendary Member
Yep it's literally further down the original message that they are liquidators. And acting on behalf of ... And high up the list of creditors is what I said.
So... Is there anything else you would like to argue about?
spen666
Veteran
The liquidators acting on behalf of creditors is completely different from the govt pursuing the 2
The govt do not instruct the liquidators what to do.
Liquidators follow set legal procedures irrespective of the wishes of creditors.
I am stating the legal position, sorry if the factual statement of the legal position is upsetting you
First Aspect
Legendary Member
spen666
Veteran
Sorry that the truth is so uninteresting to you.
Your post says a lot about you and your relationship with facts
First Aspect
Legendary Member
Well since I said the same thing as you, I'm struggling a wee bit to understand your ire.
The point the OP was picking up on is that it is relatively rare for liquidators to pursue individual directors to recover debt owed by a limited company. That's the point of the "limited" part.
There is certainly the appearance of having used that legal entity as a vehicle to hoover up a big contract, and make no real effort to fulfil that contract before sneaking away with quite a lot of the money.
So Simmons and Simmons will believe there is a case somewhere under s212-214, or s238-238 of the Insolvency Act. According to Gemini.
Is also quite rare, according to Gemini.
So, setting aside your fascination with correcting lay people on terminology not relevant to the point they are making, it's fairly notable that this is happening, I think.
Bromptonaut
Rohan Man
- Location
- Bugbrooke, Northants
That's what Spen sees as his USP.
First Aspect
Legendary Member
He needs to use the internet more. Irrelevant point scoring accounts for about 40% of all social media.
spen666
Veteran
You mean correcting completely false and inaccurate claims are somehow a problem for you.
The liquidators who are 100% independent of the govt may well be going after the 2 people. The govt based on the quote posted are not.
Sorry you have a problem with false statements being challenged and the facts being told
First Aspect
Legendary Member
No .
spen666
Veteran
Its nothing to do with terminology its to do with false claims.
The govt (based on the quote posted) are not pursuing the individuals - a wholly unrelated body, the liquidators are.
The govt does not have any control or influence over the liquidators, so it is not true to say the govt are pursuing the 2 individuals
I'm struggling to understand why you are getting so worked up over the truth being told
spen666
Veteran
Well clearly they are as you keep responding to my posting the correct factual position.
Indeed you do not challenge what I have posted, you challenge the fact that I post the factual position
Its even more evident in that it was not your post that I disputed the accuracy o and posted a response to.
