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Catherine Shen

For businesses facing financial distress, an out-of-court workout offers a restructuring option that is confidential, flexible and minimises disruption.

Working out a solution: Pros and cons of an out-of-court workout

A BUSINESS facing financial distress has several options – liquidate, commence insolvency proceedings, or undergo a form of judicial reorganisation to either exit the market or attempt to revive its f...

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