kuznetsov 0 Posted June 10, 2012 Share Posted June 10, 2012 Can someone explain how HMRC can stop a newco being formed? 0 Quote Link to post Share on other sites More sharing options...
stewarty 1,877 Posted June 10, 2012 Share Posted June 10, 2012 Can someone explain how HMRC can stop a newco being formed? I presume by raising an action with the court of session to have the administrator's course of action challenged. 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,050 Posted June 10, 2012 Share Posted June 10, 2012 Can you say who led you to believe that?We can be suspicious of everybody but somebody,surely, must be genuine somewhere? Got sent this, being appointed by the Bank of England in the first case relating to a new law shows a certain gravitas and degree of respect of competence. http://www.bdo.uk.com/find-a-partner/malcolm-cohen http://www.r3.org.uk/index.cfm?page=1259 http://www.accountancyage.com/aa/news/2079611/bdo-liquidators-called-mortgage-company The latter page now has a link to a story on us click it and it takes you to a few more stories about us, no earth shattering revelations but interesting nonetheless. 0 Quote Link to post Share on other sites More sharing options...
kuznetsov 0 Posted June 10, 2012 Share Posted June 10, 2012 I presume by raising an action with the court of session to have the administrator's course of action challenged. Why would they do that? Do they need full blown liquidation to get anything back? 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,050 Posted June 10, 2012 Share Posted June 10, 2012 Why would they do that? Do they need full blown liquidation to get anything back? They may be of the opinion that liquidation offers them the best return. 0 Quote Link to post Share on other sites More sharing options...
kuznetsov 0 Posted June 10, 2012 Share Posted June 10, 2012 They may be of the opinion that liquidation offers them the best return. That is what i fear but have sadly expected all along. 0 Quote Link to post Share on other sites More sharing options...
TheWeeBlueDevil 0 Posted June 10, 2012 Share Posted June 10, 2012 They may be of the opinion that liquidation offers them the best return. Surely the CVA offers them the best return , I thought that was the whole point of the CVA. The admins must know what return creditors would get from liquidation then offer a CVA that gives a better return, no ? 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,050 Posted June 10, 2012 Share Posted June 10, 2012 Surely the CVA offers them the best return , I thought that was the whole point of the CVA. The admins must know what return creditors would get from liquidation then offer a CVA that gives a better return, no ? That would be the theory but the reality may well be different. 0 Quote Link to post Share on other sites More sharing options...
TheWeeBlueDevil 0 Posted June 10, 2012 Share Posted June 10, 2012 That would be the theory but the reality may well be different. You could be right mate , I really do hope you are wrong . 0 Quote Link to post Share on other sites More sharing options...
Daniel Amokachi 0 Posted June 10, 2012 Share Posted June 10, 2012 Sad state of affairs that our assets appear to be worthless anyway 0 Quote Link to post Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.