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OPINION | The danger of ignoring the business rescue mechanism

OPINION | The danger of ignoring the business rescue mechanism

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When a company is teetering on the edge of financial distress, the board's response—or lack thereof—can define its future, impacting not just shareholders but all stakeholders involved, says Eric Levenstein. (Gazenfer/ Getty Images)
When a company is teetering on the edge of financial distress, the board's response—or lack thereof—can define its future, impacting not just shareholders but all stakeholders involved, says Eric Levenstein. (Gazenfer/ Getty Images)

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