MY Insight

A Happy Ending 

Business closures need not turn into battlegrounds, provided that you handle them in the right way

Vázquez-Dodero de Bonifaz, Juan Carlos

Date: Fourth Quarter 2011

Tags: closure, exit strategy, liquidation, assets, creditor

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Thousands of companies have fallen victim to the global economic crisis, with an estimated 70,000 Spanish businesses wiped out in 2010 alone. Closing down a company is a complex process that requires careful preparation, clear ideas, and a great deal of determination and perseverance.

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