INSOLVENCY AND BUSINESS RESCUE

We deal with corporate and individual insolvencies and claims that arise from such insolvencies.

With more than 30 years’ experience as commercial attorneys in dealing with these matters, we have established valuable relationships with insolvency practitioners who have the requisite level of experience, knowledge and commitment.

Our legal expertise includes the following:


structured liquidations and turnarounds, including rescheduling bank debt and debentures, complicated offers of compromise with creditors and procuring equity investors;

proceedings against directors for fraudulent and reckless trading;


liquidations of companies;

sequestration of private individuals;

proceedings for perfection of securities;

schemes of arrangement;

enforcement and challenges to security;

carrying out insolvency enquiries and investigations;

commissions of enquiry;

proceedings for the setting aside of disposition of assets;

proceedings to set aside claims;

assessment, preparation and proof of claims;

debt restructuring;

business rescue;

proceedings for leave to extend liquidators powers;

conducting audits of securities.

The new Companies Act in South Africa introduced business rescue as a remedy available to distressed companies, and members of our team brought the first application for business rescue in South Africa for a listed company.

 

Since then they have brought a number of business rescue applications.

 

We also have relationships with a number of business rescue practitioners who are aligned to our vision and quest for finding the best commercial solution for clients who find themselves in distress.

What distinguishes us from our competitors is a thorough understanding of insolvency and company law, attention to detail, and a focused approach to the strategy required to achieve success for our clients; people and organisations who are either faced with financial distress, a claim against an ailing creditor, or directors and officers of a company facing a liquidation and the subsequent consequences.

STRATEGY. SUCCESS.

Contact us today to arrange a consultation.

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