Save or salvage: the real role administrators play in troubled businesses
- Written by Jennifer Dickfos, Lecturer in Business Law and Corporations Law, Griffith University
Successful rescue of a company is the ideal rather than the reality.Image sourced from www.shutterstock.comNews that Australia’s third-largest pizza chain Eagle Boys has been placed in administration suggests a bleak future may lie ahead for the company.
Administrators have indicated they “are in the process of identifying restructuring...
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