Business rescue: who does it work for?

[BusinessTech]

Business rescue: who does it work for?

PJ Veldhuizen, managing director of boutique law firm Gillan & Veldhuizen Inc shares his views on for whom business rescue might be deemed a successful outcome.

 

[Hemi300c]

It mostly works in the rescue company's favour.

 

[smc]

Sadly, the only people business rescue works for are the business rescue practitioners, who get to strip the carcass clean. SAA being a really good example.