This process winds up the affairs of an insolvent company where there is no hope for the business continuing. A Creditors Voluntary Liquidation in many cases followsfrom a Voluntary Administration, where the business cannot be salvaged. Alternatively, a creditors voluntary administration can be commenced directly by themembers of the company. Creditors Voluntary Liquidation provides the advantage of rapid crystallisation of debts and prevents further losses that increase the exposure of stakeholders.

Executive profiles

David Lombe
Andrew Beck
Simon Wallace-Smith
Gary Doran
John Greig
David Coates
Geoff Nourse