Tag: liquidation

23
Feb

Debtor Not Paying? Consider a Liquidation Application

Article courtesy of Law Dot News | Debit Recovery | Insolvency / Liquidation Application Debtor Not Paying? Consider a Liquidation Application “When debtors once have borrowed all we have to lend, they are very apt to grow shy of their creditors’ company” (John Vanbrugh) Bad debt is a major issue for many businesses in these hard economic times – not
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27
Jul

Directors, Creditors – Do Personal Suretyships Survive Business Rescue?

Article courtesy of Law Dot News | Business Law | Corporate Compliance “Creditors have better memories than debtors” (Benjamin Franklin) In these hard times of pandemic and economically destructive unrest, an unfortunate number of businesses face collapse, and many will opt for the “first aid for companies” option of business rescue. Creditors coming out of that process with a shortfall
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