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Responding to an Insolvency
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Dealing with a key supplier in difficultyPaul managed the purchasing function of a national distributor and retailer. He wanted to renew the annual contract with a supplier of kitchen furniture but was concerned about recent press commentary and the loss reported in the latest accounts. We helped Paul interpret the accounts and suggested ways that he could continue to do business with the supplier in a supportive way but one that still limited his exposure. |
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This document explains the relevant position only in general terms. We do not intend it to be used as formal advice about a specific situation, for which you should consult with a qualified insolvency practitioner and not rely upon this document. Portland would be pleased to advise you formally and you should contact one of the directors listed to arrange this. Portland regrets it is unable to accept any responsibility to anybody who seeks to rely on this document. |
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