Reckless Trading Flashcards
1
Q
Hefferon -v- Kearns
A
Reckless 610 - where an officer carries on in a manner they know will cause serious risk/loss and ignore that risk
2
Q
Toomey -v- Sedgewick
A
Ford fiestas, not enough “might cause loss” must be “will cause loss” - defense of honesty and responsibly
3
Q
Kellys Trucks
A
Assets in to company in childrens name reckless and fraudulent 610
4
Q
Hunting Lodge Limited
A
One single act with fraudulent intent
5
Q
Maidstar Buildings
A
Positive steps to trading fraudulently - inactivity is not enough
