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Corporate Rescue

Corporate rescue refers to a process designed to save a company facing financial difficulties, aiming to keep it operational and preserve jobs. This can involve restructuring the company's debts, negotiating with creditors, or finding new investors. The goal is to reorganize the business in a way that allows it to recover and become profitable again, rather than shutting down. In many cases, corporate rescue is facilitated by legal frameworks that provide companies with protection from creditors while they implement a turnaround plan. Ultimately, it seeks to balance the interests of the company, its employees, and its stakeholders.

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    Corporate rescue refers to a legal process designed to save financially troubled companies from insolvency, enabling them to restructure their debts and operations. It often involves negotiations with creditors, the development of a viable business plan, and sometimes the infusion of new capital. The goal is to restore the company's financial health, preserve jobs, and maintain its contributions to the economy. Different countries have various frameworks for corporate rescue, which may include administration, bankruptcy protection, or voluntary arrangements, allowing companies a chance to recover while protecting the interests of stakeholders.