- Original Poster
- #1
hi guys any info would be good
having a dispute with a firm of solicitors in 2009 my company was having difficulty and decided to form a new-co and restart (no debts) however we soon started having issues with payment in particular with our solicitors, so they started to pursue via courts in line with a personal agreement i made with the new-co.
but what i have uncovered is that whilst i was paying monies from the new company account the solicitors was using this money to pay the old company's account that i thought would have been covered via the administration order.
When i questioned this i was advised that we had an agreement in place, whilst i may have made a verbal indication at the time i am sure that they should not have acted in this manner setting them as a preferential creditor irrespective of any verbal or written agreement that was not in place before the administration order.
any info would be gratefully received
Colin
having a dispute with a firm of solicitors in 2009 my company was having difficulty and decided to form a new-co and restart (no debts) however we soon started having issues with payment in particular with our solicitors, so they started to pursue via courts in line with a personal agreement i made with the new-co.
but what i have uncovered is that whilst i was paying monies from the new company account the solicitors was using this money to pay the old company's account that i thought would have been covered via the administration order.
When i questioned this i was advised that we had an agreement in place, whilst i may have made a verbal indication at the time i am sure that they should not have acted in this manner setting them as a preferential creditor irrespective of any verbal or written agreement that was not in place before the administration order.
any info would be gratefully received
Colin
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