PPRuNe Forums - View Single Post - Ex SFT boss & Cabair start-up in Bournemouth
Old 2nd Apr 2002, 12:05
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steamchicken
 
Join Date: Mar 2002
Location: Surrey, UK
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If it's a new firm and they've just bought assets (i.e. aeroplanes) from the one that went bust, no, the new firm doesn't have any liability for the old one's debts - not even with the same directors.
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