LSR often become involved when companies are facing financial difficulties. For examples:
- struggling and getting behind on its payments- suppliers need information about the target in order to better manage the debt and mitigate losses;
- liquidation- liquidators seek our assistance in analysing an insolvent company’s debtor’s ledger so that more effective collection strategies can be put in place;
- enforcement- creditors aiming to identify assets of debtors that are reneging on their responsibilities and to support enforcement activities.
- and more…
We will be providing a series of posts over the coming weeks on various aspects of insolvency including:
Bankruptcy, insolvency, liquidation, Chapter 11 – SAME SAME？
How to spot a company close to insolvency?
Cross-border Insolvency – Diversity and attempts to synchronise!
Another Chapter 11 Regime – Singapore?