Should it not be possible to provide an alternative 'rescue' strategy, liquidation will be the only remaining formal procedure available to the directors of the company. It will bring to the end of the life of the company and can be appropriate if the company is solvent or insolvent.
We aim to deal with such matters efficiently and with the degree of understanding required in such difficult times. Our liquidation team will advise the directors of their legal responsibilities whilst maximising the realisation from the company assets for the benefit of the creditors.
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