All your resources at your fingertips.Learn More
The applicants were directors of four companies. Two solicitors were appointed as liquidators. After disqualification orders had been made against the applicants, the liquidators notified the applicants of potential proceedings alleging misfeasance, breach of fiduciary duty, transactions at an undervalue and mortgage fraud. The applicants were made bankrupt, with no assets or prospect of a dividend for creditors.
To view the full text, please log in.
To receive a FREE 14 day online trial to Insolvency Law Online click here.
"BPIR is an excellent series, of interest to both corporate and personal insolvency lawyers,...