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Originally Posted by Mermaid1962
Isn't Sophie's company a limited partnership? As such, she's not completely responsible for paying back everything owed. A limited partnership is just that--limited.
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Even a Limited Company has a moral responsibility to pay it's debts, especially to the small businesses that might struggle with non payment by it's debtors.
It is apparently in other media outlets.
Creditors left out of pocket as Royal's PR firm goes under | The Sun |News|Royals
What is of concern, if true is the following
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she personally guaranteed a £175,000 loan for the failed business from Barclays, despite promising the Queen that she had stepped away from its day-to-day running
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The Countess said she would 'cease to have any connection' with R-JH. But she continued to attend board meetings before the firm collapsed in 2006.
A source added: 'Sophie was on the phone to the office two or three times a week and was often called in to give her input. R-JH was Sophie's baby.
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