[TheWorthinGer]

"He never said that either. His lawyer said the loan was paid back. "


There comes a point where you are just arguing for the sake of it ffs. He told the lawyer it had been paid back,it was later found out to be untrue. A lie.

You clearly think he is a solid,upstanding sort. fair enough.

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Yup. Let me - no let us all know the thought processes that lead you to come to any other understanding of what he actually said.

Enlighten us.

Tell you what trus,you show me an example of someone taking a company out of liquidation in the manner king proposed and i'll have a go.

Enlighten me.

Anybody could buy the oldco out of liquidation.  At the point were the liquidator declares that they have realised all possible income and distributed to the creditors an offer can be made for the company.

 example.