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New Zealand to introduce measures to help companies facing insolvency

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New Zealand said on Friday that it would introduce new legislation to help companies facing insolvency due to the novel coronavirus pandemic to remain viable and keep people employed.

[WELLINGTON] New Zealand said on Friday that it would introduce new legislation to help companies facing insolvency due to the novel coronavirus pandemic to remain viable and keep people employed.

The new legislation gives directors of companies facing significant liquidity problems a "...

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