A person or a company is insolvent if they are unable to pay their debts when they are due. This may be due to liabilities exceeding assets (factual insolvency) or being illiquid (where you have assets that exceed your liabilities but the assets cannot quickly be converted to cash to pay your debts – this is known as commercial insolvency).
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As a trusted partner in legal counsel and strategic guidance, BBL empowers client’s digital transformation journey. With a deep understanding of both the legal intricacies and technological nuances shaping today's business landscape, our Technology, Cyber, and Data Protection department stands ready to provide comprehensive solutions tailored to your unique needs and objectives. By leveraging our extensive experience and domain expertise, we offer a holistic approach to addressing the legal, regulatory, and risk management considerations inherent in digital transformation initiatives.
