PPRuNe Forums - View Single Post - Changes to a Flying Group
View Single Post
Old 6th June 2007 | 12:09
  #2 (permalink)  
flybymike
 
Joined: May 2001
Posts: 2,118
Likes: 0
If the new owner of the club shares is prepared to take on the expenses previously borne by the club then presumably you have no problem.
If he is not, then you are all obviously going to have to come to a mutually acceptable financial arrangement to cover these costs.
In any event, if the new owner intends to proceed with the purchase then presumably you will all thrash these points out before the deal goes ahead
flybymike is offline  
Reply