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Headline

Ex-Halliwells partners head for mediation with BDO

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Tongue in cheek, I know. But why did the holders of the whole of the equity in the Firm have to care about the best longer term interests of the LLP as long as creditors weren't at that time or for a specified period after, prejudiced? Its always open to a corporate body to pay out capital profits subject to that caveat isn't it? I bet you that's their defence anyway. The fact that creditors 6 years on lost out is neither here nor there. Never did quite get this....

Posted date

2-Sep-2011

Posted time

12:14 pm

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