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Salthouse company borrowed 'from Peter to pay Paul’

A subsidiary of failed motor yacht maker Salthouse Marine is at the centre of an investigation into a business practice described as “borrowing from Peter to pay Paul.” Boat 90 Holdings was put into liquidation on March 18, a month after its p

Duncan Bridgeman
Wed, 14 Apr 2010

A subsidiary of failed motor yacht maker Salthouse Marine is at the centre of an investigation into a business practice described as “borrowing from Peter to pay Paul.”

Boat 90 Holdings was put into liquidation on March 18, a month after its parent company, Salthouse Marine – owned by

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Duncan Bridgeman
Wed, 14 Apr 2010
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Salthouse company borrowed 'from Peter to pay Paul’
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