Ann: Response to Aware Letter, page-96

I think you are understating and Administrators roll ...... It all depends on the situation, how much mud the company is sucking on as to the course the administrators will take.

I can tell you FH are well placed to identify if a turn around is possible and equally well equiped to make it happen if it is possible.

You must remember, the benefits to FH in the case of insolvency are limited ...once done its done and so are they
Whereas, on going consultancy fees during & after you turn a coy around can be a very VERY! good earner and thats why Insolvency is always the least favoured option

http://www.ferrierhodgson.com/au/services/corporate-recovery