
Business Turnarounds and Rescue
A turnaround and business rescue of companies in financial distress: when it appears to be reasonably unlikely that a company will be able to pay all of its debts as they become due and payable within the immediately ensuing six months or it appears to be reasonably likely that a company will become insolvent within the immediately ensuing six months. Parties affected by financial distress include employees, creditors, shareholders, directors and the local community.
A turnaround specialist and business rescue practitioner. The focus is on a strategy of restoring the company to stability, solvency and sustainable success.