MICHAEL AVERY: Don’t throw the business rescue baby out with the bathwater
The rescue of viable businesses is plagued by judicial overreach, weak regulation and an uncaring financial system
07 October 2024 - 05:00
There was a joke during the global financial crisis that you could tell the difference between a pigeon and an investment banker because the pigeon could still make a deposit on a BMW. After the recent Business Rescue Summit I felt similarly about the future for business rescue practitioners (BRP). The problems in our system, introduced in 2011, are glaring and must be addressed. ..
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