CDH believes that the conversation around business rescue is an important one. It’s crucial for businesses to understand the process and make informed decisions. This requires the regular sharing of insights that can potentially assist businesses armed with expert knowledge in navigating its complexities.
One of the biggest downfalls of business rescue is that businesses often delay seeking distress advice until it’s too late. It’s imperative for management to engage their trusted advisors – financial and legal – and business rescue practitioners at the very first sign of distress. Early intervention is crucial for effective assessment and rescue planning.
Belinda Scriba is a Director at CDH Attorneys.
