A liquidator’s costs can rack up pretty quickly depending on the nature of the business that is going to the wall. Not always of course. Winding up some companies can be a straightforward affair with few assets and creditors’ claims to dispose of, meaning few loose ends for the liquidator to tie up and a standard professional fee for their work. On the other end of the dial are hideously complex insolvencies involving international asset trails, multi-jurisdictional litigation, uncooperative directors, missing company books and records, fraud, bitter creditors, the works. Lawyers, experts, recovery agents will be hired and the costs…
Cancel at any time. Are you already a member? Log in here.
Want to continue reading?
Introductory offer: Sign up today and pay €200 for an annual membership, a saving of €50.