fbpx
When should a company consider business rescue?
21 June 2022

When should a company consider business rescue?

 

Recently, the country has been abuzz with the news of Comair being placed under provisional liquidation. This is after the airline operator’s business rescue practitioners lodged an application with the court to convert the business rescue proceedings into liquidation proceedings. Comair had been in business rescue for two years after it couldn’t repay billions of debt. So what is business rescue, and when can a company consider whether business rescue is an appropriate response?

 

READ MORE

0 Comments

Submit a Comment

Your email address will not be published.