Is the business one that the owners could start up again after a liquidation of the current business?
June 29, 2022
By Diane Drain Attorney & Retired Law Professor
Businesses that require little capital, have few assets, or are really just extensions of the owner’s skills and personality are ones that it may not pay to reorganize. The owners may be better off liquidating the business, in or out of bankruptcy, and starting over in a fresh entity.
By Diane Drain|Published On: June 29th, 2022|Last Updated: July 28th, 2022|
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