Voluntary administration – the road to survival?

Andrew Spring, Jirsch Sutherland

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What does it mean when a company chooses to enter into voluntary administration? Well for one thing, although it can be stressful, it can provide breathing space for businesses to resolve their financial issues. Andrew Spring of insolvency firm Jirsch Sutherland encourages struggling businesses to carefully consider all their options as a matter of priority. Don’t wait until after COVID-19 has passed – by then, he says, it might be too late.