Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

BES scheme

  • 19-04-2012 9:45pm
    #1
    fisher8181
    Registered Users, Registered Users 2 Posts: 194 ✭✭


    Has anyone here invested in the BES scheme?
    Looks like an attractive investment if you can find the right company.
    Anyone know where you can find a database or list of companies involved in the scheme?


Comments

  • #2
    siralan
    Registered Users, Registered Users 2 Posts: 80 ✭✭siralan


    I invested in a BES Scheme over 5 years ago. It was actually invested in the company I work for. Because the company is struggling financially they can not pay any investors back. It has left a very sour taste in my mouth and strained relations between myself and the directors . I'm not sure if il ever get my money back . Does anyone the legal obligation on the company to repay investors ?


  • #3
    SBWife
    Registered Users, Registered Users 2 Posts: 1,287 ✭✭✭SBWife


    It is an equity investment the company has no obligation to repay however they must treat all holders of a particular class of equity equally.


  • #4
    siralan
    Registered Users, Registered Users 2 Posts: 80 ✭✭siralan


    If there is no onus on a company to repay shareholders and those shareholders have no claim on assets then why are BES Schemes so popular ? (Apart from the obvious initial tax benefit)


  • #5
    SBWife
    Registered Users, Registered Users 2 Posts: 1,287 ✭✭✭SBWife


    They have a residual claim on assets in the event of a liquidation.


Advertisement