To: | triumphs@autox.team.net |
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Subject: | RE: TRF Loan ... |
From: | "Randall" <tr3driver@comcast.net> |
Date: | Mon, 21 Nov 2005 08:32:19 -0800 |
> Unless the program changed it is actually a personal loan to Charles. That's true. But because of the way TRF is set up, Charles is essentially one and the same as TRF. If Charles were to file bankruptcy, TRF would be sold to cover his debts. Not that TRF is necessarily worth anything, I'd guess both it and Charles are in debt up to his eyeballs. Randall "not a lawyer" === This list supported in part by The Vintage Triumph Register === http://www.vtr.org |
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