Just a moment...
By creating an account you can:
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Note
Bookmark
Share
Don't have an account? Register Here
<h1>Liquidator Seeks Personal Liability for Delinquent LLP Partners Under Rule 225 for Fraudulent Conduct and Debt Repayment</h1> An application has been filed by the Liquidator of a Limited Liability Partnership (LLP) against certain delinquent partners and officers, seeking declarations and orders under Rule 225. The application alleges that the LLP's business was conducted fraudulently with intent to defraud creditors, and requests declarations that the respondents are personally liable for the LLP's debts. It seeks orders for the respondents to pay the Liquidator the debts incurred by the LLP and to cover the costs of the application. Additionally, it requests that the respondents' liabilities be prioritized as a first charge on their respective interests.
TaxTMI