Initially I need a free opinion - but will lead to payment if they can help.
In 2008 I put up money for a performance bond. The agreement was between company B and the bond company. The money was routed via company A - as company B had no bank account.
Company B was liquidated in 2011. Company A was dissolved in 2011.
The money is now being returned from the bond company. The liquidators are saying that the money should come back to company B. The liquidators say there is a problem returning the money from company B to me as it needs to go via company A.
It is usual practice to mix personal and company money - I do it all the time. So how can they say the money should go back to company A when there was a clear intention of what the money was used for? And if the money came from company A why is the money not returned to company A?
I am not looking for guesswork. If you can put me in touch with someone that would be great.
Thanks
In 2008 I put up money for a performance bond. The agreement was between company B and the bond company. The money was routed via company A - as company B had no bank account.
Company B was liquidated in 2011. Company A was dissolved in 2011.
The money is now being returned from the bond company. The liquidators are saying that the money should come back to company B. The liquidators say there is a problem returning the money from company B to me as it needs to go via company A.
It is usual practice to mix personal and company money - I do it all the time. So how can they say the money should go back to company A when there was a clear intention of what the money was used for? And if the money came from company A why is the money not returned to company A?
I am not looking for guesswork. If you can put me in touch with someone that would be great.
Thanks
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