How to identify a company in financial difficulty | Practical Law

How to identify a company in financial difficulty | Practical Law

A practice note explaining the "decline curve" of a business in financial difficulty and how to obtain information to assess whether a company is in financial distress or crisis. The note explains what insolvency means and how to react to it, including a definition of insolvency and the tests to prove a company's inability to pay its debts.

How to identify a company in financial difficulty

Practical Law UK Practice Note 9-385-3638 (Approx. 19 pages)

How to identify a company in financial difficulty

MaintainedEngland, Wales
A practice note explaining the "decline curve" of a business in financial difficulty and how to obtain information to assess whether a company is in financial distress or crisis. The note explains what insolvency means and how to react to it, including a definition of insolvency and the tests to prove a company's inability to pay its debts.