Mon - Fri 8:00-5:00 +234 907 2111 406
info@fortresssolicitors.com

A company in financial distress has a number of options available to it. This depends on the special circumstances of the company. If the company is still solvent or may be rescued by a restructuring of its debts, the company has a much wider range of options forĀ business rescue, as opposed to where the company is insolvent and may not be rescued by a restructuring of its debts. In the latter case, the options available to the company are geared towards the liquidation of the company and the settlement of its liabilities. Read more…

Leave a Reply