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Business failures are painful. But some company directors, and their advisers, stretch the limits of company law to fold
their business, transfer its assets into a new company - and in the process cheat their creditors.
A small number of "rogue directors" make such contrived insolvencies a habit, some clocking up several in just a few years.
Company law does provide protection - but unless we as creditors know and enforce our rights, the administrative process
often fails to pick up the abuse. It's easy to assume that the company's gone bust, there's no money there, we'll just have to accept the loss.
This video was produced to support one-day workshops on how to spot and prevent this abuse.
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