It could take a long time for a liquidator to pay your claim
Before pursuing liquidation as an option, creditors would be best advised to consider how long it will take to recover the amount owed by the debtor and the actual amount which they may receive when the liquidator starts paying. It could be a long time before the liquidator pays. Read the whole story in the latest edition of Cliffe Dekker Hofmeyer’s Business rescue, Restructuring and Insolvency newsletter.