By Prosper Melomey, Bridgewater Advisors Limited Partner & Licensed Insolvency Practitioner
This is a summarised article of that which was published in the Maiden Edition of the national insolvency journal, Corporate Insolvency and Restructuring Journal.
Introduction
The reality of corporate failure or demise is not much of a problem than the ability to predict or diagnose it early enough to take necessary measures to protect value or take the requisite actions when faced with corporate failure. With regards to predictability and diagnosis, distress is easily predicted in certain micro and macro circumstances.
For instance, in the context of Ghana, the threat to business survival and growth exacerbates in an economy, which aside…
