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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