Re: Thomas Cook
Re: Thomas Cook
Perhaps someone can add to this . I know that if a company is a LTD Company when it goes into liquidation the directors ( owners etc) usually are protected as they are classed as employees of that company and therefore they wont loose their possessions like houses and cars etc etc . Yet those who they owe money too have to try and fight to get money from the company that is owned by companies house.Re: Thomas Cook
The shareholders in this company were quick to take dividend payments from the company's success but as soon as the company got into difficulty they couldn't be seen for dust. And as for senior management, they acted in the same way as all senior managements in large companies, they got their wages and bonuses as soon as the writing was on the wall. Carillion acted in exactly the same way, the management made sure of their excessive bonuses before the liquidators moved in. Employees and suppliers got nothing.Re: Thomas Cook
Re: Thomas Cook
Re: Thomas Cook
Re: Thomas Cook
Re: Thomas Cook
Re: Thomas Cook
George Galloway said today that it will cost the government more to bail out and support the resulting unemployed personnel than it would have been to help save the company.Thread Tools | |
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