Expressions of interest or mere tyrekickers?

There is no shortage of tyrekickers lurking when a company collapses, although receivers and managers like to call them ‘interested parties’. The financial data of a collapsed company can be particularly useful to a rival company and is well worth the investment in lodging an expression of interest. The enthusiasm of receivers and managers for the number of expressions of interest lodged for a business always needs to be tempered by the fact that most interested parties have no plans to bid

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