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BANK-cor-RUPT
     

BANK-cor-RUPT

by Michael Hillier
 

his bank gives andrew less than 8 hours to repay his overdraft of £200,000 which is impossible so they appoint a receiver to wind up the company. he sells the business assets to a competitor for less than half its book value which english law permits him to do without liability to the creditors. it also bounces cheques for £50,000 which it claimed took

Overview

his bank gives andrew less than 8 hours to repay his overdraft of £200,000 which is impossible so they appoint a receiver to wind up the company. he sells the business assets to a competitor for less than half its book value which english law permits him to do without liability to the creditors. it also bounces cheques for £50,000 which it claimed took andrew over his overdraft limit.

Product Details

BN ID:
2940044582095
Publisher:
Michael Hillier
Publication date:
06/09/2013
Sold by:
Smashwords
Format:
NOOK Book
File size:
233 KB
Age Range:
18 Years

Related Subjects

Meet the Author

Mike has been a professional in the building industry for more than 50 years and has controlled and run his own companies since 1975. He has written on various topics and in various forms for many years. More recently he has concentrated on novels and has so far completed seven – mainly thrillers, but also crime and human relations. He has plans to continue widening the field. For further information go to mikehillier.com.

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