|
|
|
|
|
|
by briandear
2382 days ago
|
|
|
There's a Germany company, called Relocatly that took money from hundreds of people shipping household goods from Europe to the US -- they went insolvent, our goods were held in port by the actual shipping company and now we have to pay the shipping company despite having already paid Relocately. They took money for shipments even after they already knew they were insolvent. Now our original payments are trapped inside the insolvency account and the managers of the company? No consequences at all even though they took money for a service they knew they wouldn't be able to provide. Small anecdote, but the claim that "European company founders are much more likely to be held responsible for their companies' debt" is not true in my experience. If anyone is interested in reading some of the customer stories of Relocately: https://www.international-movers-reviews.com/company/relocat... My point isn't to complain about that specific company, but to provide a counterexample that the idea that European corporate governance isn't necessarily "better" at all. They scam and fraud just as readily as anyone else. |
|
|