Directors lose rent guarantee loophole
Language: English Series: Financial Times ; 7 March 1996, 11(1)Publication details: 1996Subject(s): Summary: The House of Lords has overturned a 90-year old decision. Directors who guarantee to pay their company`s rent will be liable even if the company goes into liquidation.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3210-34 (Browse shelf(Opens below)) | 1 | Available | 45213-1001 |
The House of Lords has overturned a 90-year old decision. Directors who guarantee to pay their company`s rent will be liable even if the company goes into liquidation.