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Big Co Pty Ltd is in financial difficulty: the company is still solvent, but only just. The products that the company produces are being sold
Big Co Pty Ltd is in financial difficulty: the company is still solvent, but only just. The products that the company produces are being sold on a market which has a surplus of supply due to some overseas producers flooding the market. The company has some capital in cash, assets and money owed to it. The shareholders have met and resolved that the company should end, and that the company trade out its remaining contracts, pay all creditors and distribute any capital that might be left over. What are the options available to the company?
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