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For goodness Sake!! Nonnas and Walnut Club


Prestige1000

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The owners on Nonnas will keep on doing it, run up massive debt, shaft suppliers when they go bust again but some how reopen with a different name/job title and still drive around in flash cars. Surely they owners/directors should be fined/imprisoned until they pay back the money they owe. Selling a fancy car and no doubt a holiday home somewhere abroad would pay the suppliers. Then again I could be being harsh the owners of Nonnas may be kind people who live modest lives and live in modest homes and drive around in a Y Reg Mondeo but somehow I think not!

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Thank god someone thinks the same as me for once! It's wrong that a business can shut one day and then reopen the next but with the same/similar owners.

 

Unfortunately Phoenixism is rife within many industries leaving a trail of creditors and some bent Director laughing all the way to the bank.

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Or they could just shut up shop, sack the employees, leave the suppliers with less business, landlords with boarded up premises, HMRC with no tax income, the LA with no rates and absolutely everyone will be worse off.

 

There, that feels better. Nobody is laughing now, eh?

 

 

 

Of course it sticks in the craw but this is the real world with real people and real money with real lives, homes, families and jobs. Sometimes stuff happens but once it happens you need to do something about it for the best and it is much better to try to keep a business going and people employed.

 

If it is a deliberate act to defraud then the tax and company authorities will clamp down as the law allows. Won't they?

Edited by Tony
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Of course it sticks in the craw but this is the real world with real people and real money with real lives, homes, families and jobs. Sometimes stuff happens but once it happens you need to do something about it for the best and it is much better to try to keep a business going and people employed.
Are the suppliers that ended up not getting paid when the music temporarily stopped not real people with real lives and real families? Provided that they manage to do the same when their business is caused to fail by people who pay themselves before they pay their bills and leave them in the lurch, is that ok? £330,000 is a lot of money to be owing ... how did they manage it?

 

http://www.thestar.co.uk/food/Nonna39s-debts-hit-330000.6364868.jp

 

It reminds me of when that building firm went bankrupt, and the re-opened the following month under new directors from the same family. Many of the contractors they bilked weren't so lucky and lost their livelihoods due to not getting the money they were due. They weren't able to continue in business without a care in the world :(

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