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 Pre Pack Liquidation? 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?