Friday November 27, 2020

Corporate Recovery: Don't be delusional - act now

There are plenty of warning signs when a business is heading into choppy waters, so don't bury your head in the sand, writes Dave Boland.

7th September, 2013
Declan Taite, head of restructuring and insolvency at RSM Farrell Grant Sparks. Photo: Maura Hickey

As is often the case in life and business, by the time a person or a company gets around to acting in a crisis situation it may already be too late. Indeed, while there are many mechanisms for dealing with insolvent companies, all too often things have become so bad that, upon reflection, the only viable course of action is liquidation.

However, according to Declan Taite, head of restructuring and insolvency at RSM Farrell Grant...

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