Safe harbour sleeper
The rate of company failures is rising sharply following a lull during the pandemic. Macroeconomic forces like inflation, supply chain disruption and labour shortages are stretching organisations to their limits. Are you across your turnaround and restructuring options?
As corporate financial distress is on the rise, it is important for directors to refresh their understanding of insolvency safe harbour provisions, write Michael Sloan and Daniel Dai from Ashurst.
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