Ducati Sporting Club UK > General > Idle Chat > Any legal bod's on here?

[revdecal]

my next door neighbour has just gone bust as a Ltd company.

He does not want to liquidate in order to honour his debts.

the landlord,however, has just told him that as he signed a contract 'mr x trading as x ltd' he can hold him personally liable.

Any help would be appreciated, we are trading fine as a company but we have signed the same agreement so it would be interesting to know (just in case)