Building firms in liquidation?

[Shaver]

I recently had a dispute with a dodgy house builder and have had damages awarded to me by the court.

A friend of mine who used to be a builder warned me that they may put their company into liquidation to avoid having to pay me.

They do have several other limited companies some of which have considerable resources.

Does anyone have experience of claiming from other companies with the same directors or directly from the directors when a company is liquidated to try to avoid payment of its liabilities?

 

[noseall]

I have no idea about financial law, but i would bet that liability lies with the limited company that was sued and not with any others with the same parent.

 

[^woody^]

If it is a limited company, then the debt is with the company, unless the directors made some personal guarantees.

If the company is not limited, then you may be able to pursue the directors personally.

Otherwise, its a case of taking some alternative, more direct, action