Just for knowledge's sake, in some countries if a company goes bankrupt, its owners can be held personally liable and personal effects can be seized to settle debt.

This is the case by default for some legal forms, while others have a more strict company/personal seperation, but if it goes bankrupt in the first X years (3 years where I live) an investigation takes place to look into how the owners ran the company, and if they are found of misconduct, they are also personally liable, even if their legal forms seperated private from personal.

Back on topic:
How is work progressing on the portals and getting funds? This seems al more important than having a forum discussion on legalese from different countries, no?