Question
Soul Logistics recently undertook some work for Polar Express Transportation Pty Ltd (PET). PET is now insolvent and owes Soul Logistics $50,000 for outstanding work.
Soul Logistics recently undertook some work for Polar Express Transportation Pty Ltd (PET). PET is now insolvent and owes Soul Logistics $50,000 for outstanding work. It appears that there will be insufficient funds to pay Soul Logistics. The only shareholder of PET is Jack Stone. Bob knows that Jack is quite a wealthy individual.
Question 3: Please advise whether Soul Logistics could recover any outstanding amounts from Jack personally.
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Legal Environment Of Business Online Commerce Ethics And Global Issues
Authors: Henry R. Cheeseman
8th Edition
013397331X, 978-0133973310
