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Topic: Re:Re:Re:Re:Re:Leaders debate
Posted by: David McLoughlin
Date/Time: 16/04/15 23:00:00

Last time I looked the United Kingdom wasn't a PLC. it was a country or collection of same. The difference is important. PLCs have a primary duty to shareholders. Countries have a primary duty to their citizens. Private Limited Companies only exist because the laws of liability are relaxed to allow shareholders to escape liability  for debts incurred by PLCs. Whereas you and I are liable for debts incurred by ourselves even if they were consequent on liabilities incurred in providing services in good faith to a PLC which became insolvent. A good example is the recent CityLink insolvency. Perhaps it's time, Lorraine, that 'UKplc' took a good look in the mirror.  Any Government that tightened up the extraordinarily relaxed laws relating to PLC insolvency would have my vote.

Entire Thread
TopicDate PostedPosted By
Leaders debate16/04/15 21:44:00 Julian Pavey
   Re:Leaders debate16/04/15 21:48:00 Andy Pease
      Re:Re:Leaders debate16/04/15 21:53:00 Julian Pavey
   Re:Leaders debate16/04/15 21:51:00 Steve Taylor
      Re:Re:Leaders debate16/04/15 22:14:00 Loraine Pemberton
   Re:Leaders debate16/04/15 21:51:00 Loraine Pemberton
      Re:Re:Leaders debate16/04/15 21:58:00 Claire Moran
         Re:Re:Re:Leaders debate16/04/15 22:04:00 Julian Pavey
            Re:Re:Re:Re:Leaders debate16/04/15 22:17:00 Julian Pavey
               Re:Re:Re:Re:Re:Leaders debate16/04/15 23:00:00 David McLoughlin
                  Re:UK plc17/04/15 16:10:00 Richard Greenhough
               Re:Re:Re:Re:Re:Leaders debate16/04/15 23:02:00 bobby osborne
                  Re:Re:Re:Re:Re:Re:Leaders debate17/04/15 07:54:00 Colin Jordan
                     Re: democracy and democrats...17/04/15 08:30:00 Stuart Kerr
                     Re:Re:Re:Re:Re:Re:Re:Leaders debate17/04/15 08:42:00 Loraine Pemberton
                        Re:Re:Re:Re:Re:Re:Re:Re:Leaders debate17/04/15 08:54:00 Colin Jordan
                           Re:Re:Re:Re:Re:Re:Re:Re:Re:Leaders debate17/04/15 15:48:00 Pete Mayes

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