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The Difference Between Liquidation, Business Rescue And Turnaround

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In today’s uncertain economic climate, many businesses face financial instability such as cashflow problems, or, at worst, trading in insolvent circumstances (where its liabilities exceed its assets) resulting in an inability to pay creditors. In such cases, businesses have various mechanisms available to them: Liquidation, Business rescue and Turnaround.
20 May 2020 8AM English South Africa Business News · Investing

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