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Getting to grips with Liquidation

Reading Time: 3 minutes Reading Time: 3 minutes Earlier this month, we discussed the business rescue process and the circumstances when this would be appropriate for a business in a position of financial distress. In the case of a company unable to pay its debts as...

Directors fiduciary duties explained

Reading Time: 7 minutes Reading Time: 7 minutes Directors could be subject to criminal sanctions like fines, jail time, and even disqualification from serving as a director in future, if they have failed to perform their duties. However, these duties and related...