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Business Turnround

Inside this issue
• US government bail-outs have eased fears of widespread liquidations
• Fragmented legal jurisdictions remain a problem in Europe but updated insolvency regimes are helping - -
Content
Vultures are circling as they spot opportunity
Europe appears to be one of the most promising regions for investors in distressed debt, writes Anousha Sakoui
US: Bail-outs help ease fears of widespread liquidations
Things are turning out better than many had expected, reports Julie MacIntosh
UK: Practitioners fear that the worst may be yet to come
Banks need to come clean on the extent of problems, says Jonathan Moules
Asia: A rescue culture still in process of emerging
Matters are improving but foreign creditors have to tread warily, writes Ross Tieman
Cost control: Beware of cutting off the branch on which you sit
Reducing spending has to be done with care or damage could result, says Ross Tieman
Europe: Frameworks have improved
In spite of the problem of fragmented jurisdictions, updated insolvency regimes are playing their part, reports Ross Tieman
Consumers: Reconnect with your customers
Knowing your market is as important as ever, says Ross Tieman

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