Insolvency is the state of being unable to pay the money owed, by a person or company.
Do you think purchasing a company went to voluntary liquidation is a smart decision? What if the company is on the market at a reasonable price? Should we still consider buying it?
Ji Hoon Chang, a lawyer from David Chang Legal, gives you brief legal advice about the issues with insolvency and voluntary liquidation through the October episode of the Legal Info.
[The Full interview is available via podcast above]
