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A company is experiencing severe financial difficulties and has now been placed under voluntary administration. However, the company still possesses some commercially valuable properties and
A company is experiencing severe financial difficulties and has now been placed under voluntary administration. However, the company still possesses some commercially valuable properties and other intangible assets like goodwill, trademarks and customer connections that could mean that the company could survive with some good management. What should the company do in this situation? You must answer based principles learned under the topic of Voluntary Administration and Corporate Insolvency.
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