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Director of Boat Company Xtenders Personally Liable for Missing Down Payment of €600,000.
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In 2018, a wealthy man ordered a carbon tender from Xtenders in Almere. After delivery was long delayed, he rescinded the purchase contract. However, it turned out that hundreds of thousands of euros had disappeared into a web of limited liability companies. He went to court to reclaim his down payment. The judge ruled that the boss of the company must pay for the missing funds.
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