Was the business that went into liquidation a limited company, @AldoGordo? Have you found that “Cooper” had more than one business?
The thing that baffles me about the loan is that RayMoth say the it was a loan from the company and the liquidators agreed that and said that they would accept a payment plan.
If the company went into liquidation, the liquidators recover any debts and pay the creditors (if there is any money). There are laws about who gets paid first and how much. Usually directors of a limited company aren’t liable personally for any debt.
In the court case, “Cooper” testified that the loan was from him personally, not the company. Why was he personally paying his business creditors?
I’m not suggesting any wrongdoing but I feel like we still only have half the story.