What has been a bad year has just been turned into an absolutly brill year ,was just look on commercial motor mag web site and reading who has gone under to see A R LUNN has gone to the wall,has made my year,iโm H A P P Y,x 5 as the song goes,and before you all shout about the poor drivers lossing thier jobs,i never met a good 1 there.
do keep up mate, that is old news, they finished months and months ago
โ โ โ
In my experience, when a company goes under the directors and their appointed administrators can fill their pockets at the expense of the employees and unsecured creditors.
Imagine if you were a criminal and allowed to appoint your own policeman to investigate your crimes: thatโs what happens when directors appoint an administrator.
What he usually does is write to all the creditors and tell them there is no money to pay them, then sells the company back to the directors under a new name for a nice sum of money which he then pockets as his โfeeโ. The directors pay him with some of the money they took out of the company just before it went pop.
They get their business back cleansed of debt, and can then carry on until they decide to cash in again.
Iโm not saying thatโs what happened at Lunnโs mind, just at another company I know.
GasGas:
In my experience, when a company goes under the directors and their appointed administrators can fill their pockets at the expense of the employees and unsecured creditors.Imagine if you were a criminal and allowed to appoint your own policeman to investigate your crimes: thatโs what happens when directors appoint an administrator.
What he usually does is write to all the creditors and tell them there is no money to pay them, then sells the company back to the directors under a new name for a nice sum of money which he then pockets as his โfeeโ. The directors pay him with some of the money they took out of the company just before it went pop.
They get their business back cleansed of debt, and can then carry on until they decide to cash in again.
Iโm not saying thatโs what happened at Lunnโs mind, just at another company I know.
not in this case, all the assets were sold at auction
Old news. They went under earlier this year while I was over in the UK doing some work for an Immingham company my dad works for and we took on a couple of their drivers (Polish of course) and that was back in March.
was always told i was slow reader and as for being a โ โ โ โฆi didnt knew i knew you
Its not just the firm which you didnโt like going under.What about the people they probably owed money to and put them under as well.
hoss1960:
What has been a bad year has just been turned into an absolutly brill year ,was just look on commercial motor mag web site and reading who has gone under to see A R LUNN has gone to the wall,has made my year,iโm H A P P Y,x 5 as the song goes,and before you all shout about the poor drivers lossing thier jobs,i never met a good 1 there.![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
words fail me
to put it bluntly not my problem,i learnt no one gives a โ โ โ โ about you and look after number 1
hyper26:
hoss1960:
What has been a bad year has just been turned into an absolutly brill year ,was just look on commercial motor mag web site and reading who has gone under to see A R LUNN has gone to the wall,has made my year,iโm H A P P Y,x 5 as the song goes,and before you all shout about the poor drivers lossing thier jobs,i never met a good 1 there.![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
words fail me
well there has to be a first time for everything
hoss1960:
hyper26:
hoss1960:
What has been a bad year has just been turned into an absolutly brill year ,was just look on commercial motor mag web site and reading who has gone under to see A R LUNN has gone to the wall,has made my year,iโm H A P P Y,x 5 as the song goes,and before you all shout about the poor drivers lossing thier jobs,i never met a good 1 there.![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
words fail me
well there has to be a first time for everything
![]()
What a Nobhead. All the best for 2013. Hope you lose your job.
Well there are a few people where I used to work who I wouldnโt urinate on if they were burning to death, Iโd not hope/be glad to see them cease trading. As Renegade said, itโs always the good who suffer in these cases.
xfmatt:
hoss1960:
hyper26:
hoss1960:
What has been a bad year has just been turned into an absolutly brill year ,was just look on commercial motor mag web site and reading who has gone under to see A R LUNN has gone to the wall,has made my year,iโm H A P P Y,x 5 as the song goes,and before you all shout about the poor drivers lossing thier jobs,i never met a good 1 there.![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
words fail me
well there has to be a first time for everything
![]()
What a Nobhead. All the best for 2013. Hope you lose your job.
well thats ok then cos iโm not working nob ur the sad one cant lose wot u anโt got
ps;โ โ โ โ off โ โ โ โ ur one of the people that make haulage crap
The new year is indeed full of the milk of human kindness!
All A R Lunn drivers who lost there jobs round to boss1960โs house for new years drinks and nibbles,Iโm sure the small talk will be lively !
At least by Andrew Lunn going under it didnโt affect hosscock did it? not if it took him 9 months to find out about fairly common news.
JFC999:
The new year is indeed full of the milk of human kindness!
All A R Lunn drivers who lost there jobs round to boss1960โs house for new years drinks and nibbles,Iโm sure the small talk will be lively !
ya ur all welcome the more the merrier,by the way its HOSS1960 NOT BOSS1960
Wheel Nut:
At least by Andrew Lunn going under it didnโt affect hosscock did it? not if it took him 9 months to find out about fairly common news.
NO IT DIDNT AFFECT ME COS I LEFT ALONG TIME AGO WEN HE ASKED ME TO RUN BENT,DONT DO ,WONT DO ,NEVER WILL DO IT,AS FOR NOT KNOWING ABOUT IT AT THE TIME I HAD MORE IMPORTENT THINGS ON MY MIND LIKE MY MISSUS CANCER
hoss1960:
Wheel Nut:
At least by Andrew Lunn going under it didnโt affect hosscock did it? not if it took him 9 months to find out about fairly common news.
![]()
![]()
![]()
![]()
![]()
NO IT DIDNT AFFECT ME COS I LEFT ALONG TIME AGO WEN HE ASKED ME TO RUN BENT,DONT DO ,WONT DO ,NEVER WILL DO IT,AS FOR NOT KNOWING ABOUT IT AT THE TIME I HAD MORE IMPORTENT THINGS ON MY MIND LIKE MY MISSUS CANCER
i donโt think heโs deaf