Are you legally considered a creditor though? That's the crux of the matter. From a monetary perspective 100%, but from a legal perspective, aren't you just considered a client?
Login to reply
Replies (2)
Potentially for Barclays, yes, but for the Pension company no.
That's not really the point tho, having a wind up ordered issued is enough to start a bank run / pension run on a company.
Simply having this in place could be disastrous for a company, they will normally do anything to avoid it if at all possible.
I totally agree with your methods and I understand the logic behind them. I was just wondering wether the company could just brush it off