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Tag: Turnaround Management

When things go bad. Business liquidation or business rescue?

Posted on July 1, 2020 by bitsbyte_michell

South African companies in financial trouble are opting for business rescue rather than shutting their doors. While many believe that a business rescue process is only implemented to stall a liquidation, thereby also frustrating the creditors of a company, this is not the case. Business rescue, which is a process of rehabilitating a business that […]

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