The sisters helped the owners of struggling firms walk away from debts they’d built up without having to face the music.
Scheme a scam affecting us all
It’s right that Joanna Seawright and Karen Mortimer have been banned from acting as company directors.
The sisters helped the owners of struggling firms walk away from debts they’d built up without having to face the music.
The pair helped business owners abandon £67million in debts – while hanging on to tens of millions in valuable company assets and brands.
That’s not how insolvency is supposed to work.
Truth is, an unhappy fact of life is that businesses can get into trouble and go bust.
That’s why it’s important companies are wound up…