The action that should be taken if a company is unable to recover a major debt. Informal and formal company rescue options to consider.
What are the perceived problems with a Pre Pack? What are the benefits? Do Directors avoid investigation?
What is Winding Up? The implications if a company gets a Winding Up Petition. Which creditors are likely to issue a Winding Up Petition?
Which debts can Directors become liable for if a company becomes insolvent and is closed? How can directors deal with these debts?