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Liquidation of An Insolvent Business Is Not Always the Best Solution, Court Says

This does not mean that a company must be saved at all costs.
Justice Patricia Mutesi Liquidation case

Sometimes it is not the best solution to sell off the assets of a business that has failed to pay off its debts (liquidation) in a bid to distribute the proceeds of such a sale to the creditors if there is a clear plan that the business can be rescued…

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