Originally Posted by
Boeingpilot738
So the company was insolvent from the 18th or 22nd of March....correct? And if so who takes responsibility and how can they slither out of it?
G'Day Mr 'Boeing'- given your question.....
The Answer to your 'said' question (which, 'I' believe to be unaddressed, yet....???)- Is 'The Directors', as at That point in Time...... being, 18 March, ref: below- that responsibility rested with the Directors of VAH.
Link ex Deloitte (and trust it'll work.., for you) here:
https://www2.deloitte.com/au/en/page...sidiaries.html
Extract here (
Bolding):
Vaughan Strawbridge, John Greig, Sal Algeri and Richard Hughes were appointed Joint and Several Administrators (Administrators) of Virgin on 20 April 2020, pursuant to the provisions of Section 436A of the Corporations Act 2001 (Act).
So 'Apparently'....- the 'said'
Directors were exposed from 'at least'- the 18th of March......???- and hence, 'they' (the Administrators) are shipping 'onus/& responsibility' in spades!!!!, but- took the Gig forward, if that- makes sense.....??? (only 'a' read- Without Prejudice)
rgds/& be Well
S28- BE