
High Court orders SAPO's Business Rescue
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The Post Office has been placed under business rescue despite provisional liquidators for the entity pointing out that it may not be the best option to save the group. A High Court Judge also highlighted that liquidating the SOE may have far reaching consequences for the entire economy. Business Day TV assessed the options in greater detail with Gareth Cremen, Partner in Business Restructuring, Rescue and Insolvency at Cox Yeats.