Insolvency & Business Rescue Updates

News & insights regarding insolvency and business rescue

Chapter 6  of the Companies Act  71 of 2008 has thrown financially distressed companies a lifeline in the form of Business Rescue, which could ultimately save a company from liquidation. This topic covers articles and insights which examine business rescue and insolvency, relevant legislation,  legal proceedings, the rights of creditors and the rights of employees.


Business Rescue
Considering business rescue

Directors wanting to address problems in financially distressed companies need to be proactive, diligent and aware of all options available to them, including the option of business rescue, its value and the importance of its timing. Since its introduction in …
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