Videos
60 seconds of... businesses going bust
Becky Kells, Editor, AllAboutLaw
Last updated 16th October 2019
From the decline of the British high street to misguided mergers and acquisitions, there are lots of reasons why a business might go bust.
We saw this recently when airliner and travel tour company Thomas Cook went into compulsory liquidation and ceased trading on 23 September.
Have a watch of our latest video to find out some of the reasons why businesses go bust.
Ultimately, it's a really important area of commercial awareness—commercial lawyers will need to examine a business in the context of any issues that could have led it to difficulties. pa Keep track of the fluctuations in the business world by reading our weekly AllAboutLaw blog:
Use your new-found commercial awareness to submit a vacation scheme application.
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