Catherine Shen

CATHERINE SHEN IS A SENIOR MANAGER AT THE ASIAN BUSINESS LAW INSTITUTE

Amid the rise of restructuring, other tools have also emerged that help struggling debtors find a way forward. These are important as a complete liquidation may be more beneficial in some circumstances.
THE BOTTOM LINE

Why Asia’s push for a ‘rescue culture’ is a win for business

RESCUE culture, which champions corporate rescues over winding-ups in appropriate circumstances, is on the rise in Asia. This gives businesses in distress...