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In this issue: News and views from the Griffin & King team BUSINESS RESCUE, RECOVERY AND TURNAROUND WHAT S IN A NAME? Summer 2014 Q2 FIGURES ARE OUT! Page 2 What is a similar name ? It is a name which
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Business rescue recovery is a legal process that allows a financially distressed company to restructure and reorganize in order to avoid insolvency.
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The purpose of business rescue recovery is to save a company from liquidation by restructuring its operations and debts.
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Companies must report financial statements, cash flow projections, and a proposed rescue plan on business rescue recovery.
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