25 November 2021 by Cliffe Dekker Hofmeyr

What is the legal process behind declaring a director delinquent

When a Business Rescue Practitioner approaches a business rescue, the root cause of the distress is often mismanagement. Getting a delinquent order against a director may be the first step in reclaiming value from the rescue. Jessica Osmond, Associate in our Dispute Resolution practice participated in a Turnaround Talk Round Table discussion on the topic: "Delinquent Directors. A legal quagmire awaits "