Boobies don’t ruin lives. People who misuse boobies ruin lives!
Having returned from my solicitor the advice and info given to me is:
I should immediately resign as MD informing companies house of my resignation.
My solicitor tells me that from what she can gather from info supplied to her by me, I have nothing to worry about either before or after my resignation.
It appears that because I played no active part in the running of the company and received no payments whatsoever from it, I can’t be held responsible for any wrongs that occur/ed.
++++++++++
in other news: my sons lady is off work with a broken wrist, fell off a chair…really?
Cool. Good for you.
If you don’t mind - I’m curious about the manner in which you raised this. I mean, your son sounds like quite a heel. And the more info you provide, the sketchier his choices appear. I guess that isn’t directly your fault, but if one of my kids behaved in a similar manner, I’m not sure I would post about it on a message board. If I did, I don’t think I would be able to refrain myself from passing judgment as you have.
Of course, my choices need not be anyone else’s. Like I said, I’m just kinda curious.
He’s not a heel, he’s just a high-flying salesman type hitting a mid-age crisis like it’s a unique thing to him. Egocentric types always do something weird like this. Well, not always, but it’s not unusual, by any means. Or healthy.
Glad to hear your solicitor clears you. Stay safe.
My son is far from being a heel as you so delightfully put it.
In all honesty he’s been a good kid, a hardworker for all his working life, never been in any trouble with the law, doesn’t smoke or use drugs…I guess I’m kinda pleased about the way he’s turned out.
Apart from the leaving the wife bit, that was a shock to say the least.
If his mother was alive she’d fetch him a crack around the head and tell him in no uncertain terms to get his arse back home and stop acting like a fucking 18 year old, but unfortunately she’s not around to do that.
I’ve spoken at length with him, he’s adamant that the marriage is over and while he still feels a certain amount of loyalty towards his wife it isn’t enough to stop him doing what he’s doing now.
As for passing judgement, this is something I seldom if ever do on anyone, let him who is without sin and all that.
I’m seeing him (and his lady love) again this evening, whether or not he’s got anything to add remains to be seen.
Im glad your solicitor says you will be ok Chowder that should be a weight of off your shoulders.
I would not presume to make any judgement on your son or his actions. but I am curious as to how many people he employs and how you resigning as MD may affect them.
Yes indeed, I’m relieved
When my son took over the company he employed 24 which in the past year has risen to 41 because of the increase in business mentioned upthread.
I have to confess that I never thought to ask how my resigning would affect the business as a whole never mind the employees. This obviously is something I’ll have to ask my solicitor about tomorrow.I wouldn’t like to think that my quitting would cause any hardship to persons who have never harmed me in any way.
As a managing director, you have a right to go through the company’s books and records. Once you are no longer a manging director, you will have no right to go through anything.
Are you absolutely certain that you provided your lawyer with all books and records necessary to determine if you are on the hook? Specifically, have you gone through the books and records to see if all taxes were properly paid, that you never guaranteed a loan, and that you never made a promise to indemnify? Your lawyer can only provide an opinion based on the informaton that you give to your lawyer.
Hopefully, you were only brought on to fill a space on the board, but if you were brought on for that purpose and also for the purpose of arranging credit, you should take a thorough look to see if you signed anything to your potential detriment.
The taxes for year ending Sept 2009 were filed and are available online.
Obviously I have the company’s registered number and as such was able to access the accounts online when at my solicitors. They are available to the public.
I can assure you I never guaranteed any loans at all nor did I make any promises to indemnify.
I think you’ve nailed it when you say I was only brought in to fill a space
That’s great news.
While you’re thinking about it, why not call your granddaughter if you can? I mean, just because it’s been five years is no reason not to say hello. Besides, she probably could use someone to talk to about her dad and mom.
Even if she is an adult. Even if she is distant. And if she doesn’t, maybe you do.
In my opinion, a man who gives his soon-to-be ex wife 3 months to become self supporting, after 20yrs of marriage and children, so he can chase a younger woman, is a heel.
And, while you mightn’t agree, I think you’ll find most people would.
Gotta agree with elbows here. I just wish chowder’s daughter-in-law posted here so we could advise her to get the best lawyer she can afford to get the best settlement she can. Son gets the business he built and the younger hottie, but wife gets her fair share out of the 20 year marriage (instead of a three-month eviction notice).
If I could call I would but I have no idea where in Australia she lives. neither her parents or myself have address or phone number/s
Cat Whisperer She’s not the younger hottie, she’s 2 years older than my son and 4 years older than his wife
Oops, sorry, I was making unfounded assumptions.