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SME living wills

SME living wills
Published on: 28 April 2016
Published by: LexisPSL
  • SME living wills
  • Should SMEs consider drafting a living will to ensure they are capable of handling a closure event?
  • What are the benefits and drawbacks of such an approach?
  • How would an SME go about drafting a living will for their organisation?

Article summary

Commercial analysis: Chris McDonough, head of the commercial team at Bermans, assesses the need for small and medium-sized enterprises (SMEs) to consider having a living will in the event of closure, and examines the pros and cons of such an approach. or take a trial to read the full analysis.

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