Formation of IMOC-UK Ltd

[Aidy]

Aidy, it seems you have created your own 'storm in a teacup'

As already said, before the committee etc could be sued personally as IMOC-UK was not a legal entity on it's own. This is relevant to a lot more than libel action. A club gazebo getting picked up in a mini tornado and injuring someone could also lead to legal action, as well as many other scenarios - you can't fob people off by saying 'it belongs to the club, but you can't sue the club because it doesn't exist legally so sod off' - they will go after the officers of the club.
By forming a limited company, liability is limited to the assets of the company.

Whatever 'beef' you have, is your own. Perhaps you wouldn't have made the same decision... well, that's fine - you have made that known.... er... good on you.

In a Ltd company directors are not personally liable for the debts of the company. Being a ltd company does not stop you being sued personally if you are personally negligent in some way.

There is little point in discussing academic points, though, but I thank you for dragging this thread out to one further post.

[BenF]

Committee Ltd: Wow, this was really serious and could have cost us our lives
Aidy: No, it couldn't
Committee Ltd: Yeah it could, it was really serious....but we can't divulge any details
Aidy: Ok, so stop going on about it if you can't give details
Committee Ltd: But it was really serious, you have no idea...but we can't say any further
Aidy: Change the record
Committee Ltd: Pff, how childish.

*rolls eyes*

Aidy, successful troll this one but please keep it respectful and on topic and we can have a productive discussion. We're providing you with reasonable answers to questions you raise.

Please read the other threads about last year - many of your questions are answered there.

With regard to personal liability - you're wrong - and its OK for you to be wrong as you're risking nothing by giving bad advice.

Those of us who are at risk though would prefer to trust a Qualified Professional.

[BenF]

In a Ltd company directors are not personally liable for the debts of the company. Being a ltd company does not stop you being sued personally if you are personally negligent in some way.

Nice twist but that doesn't work.

Committee were personally liable there - end of story.

If the exact same scenario occurred again, we would not be, and we have the means to legally defend the Club and its members in the last resort if required to.

What liabilities we still have ( and all companies have ) are clearly setout in the Legal Notice

[Aidy]

Ben, there is no point discussing this. You're eager to say I'm wrong but are not disclosing any details. So, yeah, I may be wrong (as I don't know the facts at hand), but I may be right. You have the facts, I don't. So there is nothing to discuss. Holding all the facts then saying "You're wrong, we'd rather have advice from a qualified professional" is a tad immature if you ask me, I fully admit that not knowing the details I can't give an accurate opinion.

[BenF]

Aidy, I was just pointing out that Legally you were incorrect around personal liabilities for that specific situation where you have a Committee with Joint liability a vs a Ltd company - that's all.

The dialogues from last year are a red herring (even if they prompted us to take this step)

Ltd (by Guarantee, ie not for profit) status better protects IMOC as a Club and its Members for the future - I've already set out why.

[Amelio]

I fully admit that not knowing the details I can't give an accurate opinion.

and yet it continues...good one

[Azz]

Why is this an issue???

The Mods, Moderate our forum for free, they regulate everything and keep it all ticking over and put a lot of commitment in here.

All the while there houses, jobs, family and savings were at risk all for the sake of giving us a forum to post on.

Aidy If there was two 8 year old kids that had played in your front garden and the council said to you that if they went in there again you would be done for kidnapping them as you had neglected to put adequate protection to keep them out.

What would you say if someone who lived 30 miles from you came and kicked off because you put a gate up to protect yourself, yet knew nothing about why you put the gate up?

I bet you would tell them where to go wouldn't you...

Do people argue for arguing sake???

[Aidy]

I bet you would tell them where to go wouldn't you...[/color]

If I told them I couldn't say why I'd put the fence up and they said "ok" and walked away then all would be fine.

If I told them I couldn't say why I'd put the fence up, they said "ok" and walked away, followed by three people saying "Why are you asking why the fence is up?" I'd know I was on IMOC-UK Ltd.

[Azz]

Why does this bother you, surely this makes no difference to your life, does it?

Would it matter if ASDA owned IMOC?, you post and you get an answer then you post again that is your total involvement. The status of the site does not affect this at all, so if BenF giggled himself to sleep screaming "i know why and I'm not telling" this should have no baring on your ability to use the site.

The land lord and lady of your local pub: does it mater who there mortgage is with? you go in, drink, talk to your mates, and you go home. You don't go in and demand to know why they selected the mortgage they decided on and there reasons behind it,

Unless you have done that then i take it all back

[Aidy]

Why does this bother you, surely this makes no difference to your life, does it?

Would it matter if ASDA owned IMOC?, you post and you get an answer then you post again that is your total involvement. The status of the site does not affect this at all, so if BenF giggled himself to sleep screaming "i know why and I'm not telling" this should have no baring on your ability to use the site.

The land lord and lady of your local pub: does it mater who there mortgage is with? you go in, drink, talk to your mates, and you go home. You don't go in and demand to know why they selected the mortgage they decided on and there reasons behind it,

Unless you have done that then i take it all back

It bothers me not a jot. What part of "there is no point discussing this" and "there is little point in discussing academic points" don't you understand? Why is everyone dragging this thread on despite me saying there is nothing to discuss? Mods may as well lock it.

[vanilla.coffee]

Well done to Ben and the team for taking the step. We did it on the OC last year as have I believe a few other car owners clubs recently.
We also had similar types of comments questioning it in our announcement thread.
Sometimes you just have to trust that the committee and admin teams are always looking out for the best interests of the club for its members.

VC

[LimeyMk1]

A worrying aspect is that I did look at a car blanket in BP (£2.99) and think 'that could be useful.' Fortunately the delusion did not last and a sharp slap accross the face brought me round, been driving the Celica too long.

[tonigmr2]

A worrying aspect is that I did look at a car blanket in BP (£2.99) and think 'that could be useful.' Fortunately the delusion did not last and a sharp slap accross the face brought me round, been driving the Celica too long.