Liam Payne Did Not Resign From Companies on Day of Death, Contrary to Reports..See More

Liam Payne Did Not Resign From Companies on Day of Death, Contrary to Reports..See More

Contrary to multiple reports, notably in the U.K., Liam Payne likely did not resign from several businesses on the day of his death.

U.K. law requires for corporations to report the deaths of directors to Companies House, the British office that oversees businesses, within two weeks. Although the Companies House website reports that Payne “resigned” from positions from four companies on Oct. 16, the day that he fell to his death in Buenos Aires, the website lists having received notice of Payne’s “termination of appointment” electronically on Oct. 24.

Companies House explains the rule on its website. “By law, a company must tell us about any changes to directors’ details within 14 days,” it says. “This includes when a person is no longer a director because they’ve resigned, retired, or sadly passed away.”

On Oct. 24, paperwork was filed to end Payne’s role with Hampton Music Limited, though Companies House doesn’t report who filed the notice. Hampton Music is listed in the credits for Payne’s hit single, “Strip That Down.” It provides “support activities to performing arts.” Payne had assumed the role of director in March 2015.

On Oct. 24, paperwork was filed to end Payne’s role with Hampton Music Limited, though Companies House doesn’t report who filed the notice. Hampton Music is listed in the credits for Payne’s hit single, “Strip That Down.” It provides “support activities to performing arts.” Payne had assumed the role of director in March 2015. A filing suggested the company had been running at a deficit of £15,300 (a little less than US $19,900) for net assets. Daily Mail reports the company was valued at £17,300 (around $22,500) last year.