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My business partner says that either I take on a loan from m
my business partner says that either I take on a loan from him to purchase his share or he will fold the business I have 20% share … read more
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Hi, I am director of a startup (ltd) and have debit for more
Hi, I am director of a startup (ltd) and have debit for more than 10k. which I can't manage. I am thinking to close the current company and open another one in different name. I made a lot of mistakes… read more
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Dear Lawyer, We are a small private uk company set up
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Under what circumstances can directors of a UK company force
Under what circumstances can directors of a UK company force the company to be wound up? And, is shareholder approval required?… read more
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I was a director in a company, where the other share holder
I was a director in a company, where the other share holder asked me to buy her shares for £18k because she wanted to move, i had already put £18 into the company in May 2011, to get 50% shares. In sp… read more
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I have invested 50,000 in a company and have since found out
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Dear Sir Not sure if this is your area, but I am still paying
Dear Sir Not sure if this is your area, but I am still paying monthly lease payments on an office. The lease expires June 2012. The business that took the lease in good faith has failed and is no long… read more
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My second husband went bankrupt in January 2009. The Insolvency
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I am still a Director and have not been paid for 4 of the ten
I am still a Director and have not been paid for 4 of the ten months of the 2010/2011 year. Is this a loan to the company or is it a debt from the company to me which is in breach of my contract?… read more
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I am about to buy a share of a company. The total investment
I am about to buy a share of a company. The total investment is in the range about 50k. I will be the lead investor and will put up 50% of the capital and 3 co-investors will bring in the rest. What t… read more
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i am a sharholder in a company ( 4 shareholders in total)
i am a sharholder in a company ( 4 shareholders in total) the shareholders agreement gives me the right to access all company information at any time. If I want to enforce this and the company refuse … read more
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An organisation bought 50% of our company on the basis of using
An organisation bought 50% of our company on the basis of using its creditability to set up a new project. The deal was inked on the verbal understanding of an agreed investment of £5 million into the… read more
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I am a 20% shareholder of a company that is in morotorium period
I am a 20% shareholder of a company that is in morotorium period of administration. The company is being bought back under a different name tomorrow. My x husband is the currant chairman and md. I am … read more
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My husband left the company he started last November because
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We invested some money in a company, which was run by a so
We invested some money in a company, which was run by a so called friend, he disappeared, leaving us with the debt - I was Director of company "in name only", - the company was left with a van - the o… read more
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I am DIRECTOR of a company that is currently running at a loss.
I am DIRECTOR of a company that is currently running at a loss. 60% of the shareholders including myself wish to rebrand with a new investor and continue. A single shareholder who has 40% shares does … read more
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I am a Director of a limited company owing a hotel Management
I am a Director of a limited company owning a hotel Management ran the hotel into the ground owing among other debts, an electricity bill of £34,000.00. I tried to keep the hotel running but unfortuna… read more
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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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