Steven H Posted September 29, 2010 Report Share Posted September 29, 2010 Looks as though the Taxman may get nada if the main creditors call in their 'soft' loans... never saw that one coming! Latest Beeb story Take the offer or get heehaw? Nice one Dundee, wriggling out once again! Quote Link to comment Share on other sites More sharing options...
lady-isobel-barnett Posted September 29, 2010 Report Share Posted September 29, 2010 Take the offer or get heehaw? Nice one Dundee, wriggling out once again! Something about this doesn't sound right. I wouldn't have thought directors of a company could do that. I'd have thought the loans would have to have come from an independent source . That's one for the financial gurus in our midst to explain. Quote Link to comment Share on other sites More sharing options...
honved Posted September 29, 2010 Report Share Posted September 29, 2010 Something about this doesn't sound right. I wouldn't have thought directors of a company could do that. I'd have thought the loans would have to have come from an independent source . That's one for the financial gurus in our midst to explain. It's right. It just means that they have to write off all hope of getting their money back. Could be done at Firhill if anyone was up for it... Quote Link to comment Share on other sites More sharing options...
Steven H Posted September 29, 2010 Report Share Posted September 29, 2010 It's right. It just means that they have to write off all hope of getting their money back. Could be done at Firhill if anyone was up for it... Do you mean they could buy the debt off the bank or the threat to 'call in' the debt owed to them, forcing Dundee into administration and leaving HMRC with a small percentage of the money they're owed? I took it the LIB was speaking about the latter. Quote Link to comment 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.