Seasons Greetings. Over this Christmas weekend we found out that our building company CEO has been expelled from his "lifetime membership" of the RMBF and is likely to declare bankruptcy. He has offered his creditors 50c to the $1 but I don't think he will be able to honour even this.
We had fixed price contract. Can those creditors whom he has not paid come after us as the "client" to recoup any of their costs?
We had fixed price contract. Can those creditors whom he has not paid come after us as the "client" to recoup any of their costs?
Comment