PPRuNe Forums - View Single Post - Record Profit for Air NZ

1st Mar 2014, 00:38

#42 (permalink)

empacher48

Join Date: Jan 2005

Location: I'm a wanderer

Age: 43

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That is why they are all limited liability companies. The shareholders are not responsible for the debts or legal issues of the company.

I'm sure whatever legal statute is used in Australia would be similar to NZ in that regard.

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