by Engaged BT | Aug 31, 2021 | Engaged Business Turnaround
Grey area? Some clarity on the joinder of creditors If a party wants to litigate against a company in business rescue and the rescue plan has been published but not yet adopted, should the company’s creditors join the court proceedings? Cliffe Dekker Hofmeyr...
by Engaged BT | Aug 30, 2021 | Engaged Business Turnaround
It’s not a black swan, it’s blinkered planning In the space of the past 18 months, two mass-scale events have rocked the country – the arrival of Covid-19 and July’s looting. Many have labelled them “black swan” events because on the surface nobody could...
by Engaged BT | Aug 25, 2021 | Engaged Business Turnaround
Beware the consequences of liquidation In the 22nd edition of its Business Rescue, Restructuring and Insolvency newsletter, Cliffe Dekker Hofmeyr discuss the legal consequences of liquidation are, and the importance of considering these consequences before...
by Engaged BT | Aug 23, 2021 | Engaged Business Turnaround
Business rescue basics and deciding if it is viable Business Rescue Basics. No business, whether large or small, is immune to the turbulent economic conditions we find ourselves in. When looking into business rescue, here are some important factors to consider....
by Engaged BT | Aug 18, 2021 | Engaged Business Turnaround
Government plays dice with brittle restaurants The Restaurant Association of SA says of the 23 400 restaurants initially on its database, it now has less than half (9 000) on its books. While not all of these would have collapsed, even if we’re talking...
by Engaged BT | Aug 18, 2021 | Engaged Business Turnaround
Business rescue the solution, not the problem, as more businesses face difficulties Law firm Cliffe Dekker Hofmeyr (CDH) business rescue and insolvency director Lucinde Rhoodie says South Africa can expect an uptick in business rescue filings, as more...
by Engaged BT | Aug 17, 2021 | Engaged Business Turnaround
EXPLAINER What happens to employees during the business rescue? What happens to employees when their employer is placed in business rescue? On the one hand, the good news for labour and for unions is that the appointment of the business rescue practitioners has...
by Engaged BT | Aug 3, 2021 | Engaged Business Turnaround
SA rioting and civil unrest: Economic pain and long-term impacts – Mike Schüssler The civil unrest that tormented KwaZulu-Natal and parts of Gauteng was the worst violence South Africa has seen since Apartheid ended. Damage estimates have been said to be close...
