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What Happens When a Company is Going Into Administration?

What Happens When a Company is Going Into Administration?

The process is often associated with businesses going through insolvency. Going into administration is a legal process where an insolvency practitioner takes control of a company to try and rescue it while also finding ways to recoup as much value for creditors as possible. When an administrator steps in to save a business from collapse,Continue Reading What Happens When a Company is Going Into Administration?