PPRuNe Forums - View Single Post - The future of VARA?
View Single Post
Old 31st Jul 2020, 01:08
  #97 (permalink)  
Servo
 
Join Date: May 2002
Location: In a box
Posts: 350
Received 20 Likes on 7 Posts
Originally Posted by MickG0105
Yes, that's a point I think that I touched on earlier. The fact that Geoff Smith was still a director is odd in of itself; you would have thought that any and all such directorships would have transferred to Keith Neate when he came on board.

Separately, it is now clear that Scurrah and Smith in effect provided a false declaration. And Deloitte proceeded down the voluntary liquidation path for Newco 2 on the basis of that (false) declaration of solvency.
What is likely to happen to them if that is the case? I expect nothing.
Servo is offline