In the unpredictable landscape of business, facing liquidation can be a significant setback, but it doesn't have to be the end of the road. Many successful entrepreneurs and companies have faced this daunting challenge and managed to rise from the ashes, stronger and more resilient than before. So, how can you recover from liquidation and restart your business?
Automotive parts retailer and wholesaler AutoZone has voluntarily entered business rescue as it is in financial distress. The decision followed a resolution taken by the AutoZone Holdings board of directors on 1 July 2024.