Nastascha Harduth

Sector Head, Director

Nastascha Harduth is a Director in our Dispute Resolution practice and Head of our Corporate Debt, Turnaround & Restructuring sector. She is a ranked lawyer with over 15 years of experience. Her expertise lies in advising boards of directors on their duties and responsibilities, and in complex restructuring and insolvency mandates, especially where balance sheet optimisation through legal processes and cross border considerations are at play. Nastascha has wide ranging experience in corporate and commercial dispute resolution, litigation, and debt recoveries. Her experience extends well beyond the South African jurisdiction.

Nastascha regularly writes for various publications and contributes to the media. She is a member of the South African Restructuring and Insolvency Practitioners Association (SARIPA) and is a fellow of INSOL International, where she is extensively involved. Nastascha is also the inaugural Chair of the (International Women in Insolvency and Restructuring Confederation (IWIRC) Southern Africa Network.

Nastascha Harduth

About Nastascha

Nastascha joined CDH as Director and Head of the Corporate Debt, Turnaround & Restructuring sector in 2024.

Areas of expertise

Experience

  • DewCrisp in the urgent application to court in terms of section 131 of the Companies Act and the drafting of the business rescue plan.  This deal was shortlisted by DealMakers for Business Rescue Transaction of the Year (2023).

  • The board and then the business rescue practitioners of Comair Limited, an aviation company listed on the Johannesburg Stock Exchange and flying under British Airways and kulula.com livery, in its business rescue (which included recognition under Chapter 15 of US Bankruptcy Code).

  • The board and then business rescue practitioners of Group Five Limited, a construction company listed on the Johannesburg Stock Exchange, in its business rescue.

  • The consortium of lenders in the 2018/2019 restructuring of Edcon Limited, being one of South Africa's largest retailers at the time.

  • Nedbank as a major creditor in the business rescue of Stuttafords International Fashion Company, being one of South Africa's oldest retailers at the time.

  • A major US-based energy company, SunEdision, in the winding up of its local subsidiaries.

  • The board of Hernic Ferrochrome, at the time one of the world’s largest integrated ferrochrome producers situated in South Africa's North West Province, in its business rescue proceedings.

  • Fortress HR Solutions as major creditor in the business rescue proceedings of Steval Engineering.

  • The directors of Metalmin Metals and Minerals, in successfully applying for its winding-up in Mauritius, where it was registered and traded, and in the  insolvency enquiry that was held in South Africa.

  • Investec Bank in respect of the reported judgement of Rees and Another v Investec Bank Limited (330/13) [2014] ZASCA38;2014 (4) SA220 (SCA).

Recognition

  • Fellow of INSOL International
  • Chambers Global 2023 – 2026 ranked Nastascha in Band 4 for Restructuring & Insolvency
  • Chambers Global 2020 – 2022 ranked Nastascha as 'Up and Coming' for Restructuring & Insolvency.
  • Lexology Index Ranking 2023 – 2025 as 'Recommended' for Restructuring & Insolvency 

Credentials

Education

  • Global Insolvency Practice Course, INSOL International, 2016/2017
  • Advanced Short Course in Business Rescue Practice (cum laude), University of South Africa & LEAD, 2013
  • Diploma in Insolvency Law & Practice (cum laude), University of Pretoria, 2012
  • LLB (cum laude), University of Johannesburg, 2006
  • BSc (Hons) (Chemistry & Biochemistry), Rand Afrikaans University, 2002
  • BSc (Physical Science), Rand Afrikaans University, 2001

Memberships 

  • Insol International
  • South African Restructuring and Insolvency Practitioners Association (SARIPA)

LANGUAGES

  • Afrikaans
  • English

News

King V provides a blueprint for boards navigating corporate distress
Corporate Debt, Turnaround & Restructuring

King V provides a blueprint for boards navigating corporate distress

In the current economic climate, the line between strategic turnaround and terminal decline is thinner than ever. For boards and management teams navigating corporate distress, the...

High Court clarifies creditor rights when a business rescue plan is rejected
Corporate Debt, Turnaround & Restructuring

High Court clarifies creditor rights when a business rescue plan is rejected

Business rescue is widely regarded as the final opportunity for a company facing imminent collapse. Yet, a recent landmark judgment by Pullinger AJ in the High Court has made it clear...

Why private equity’s zombie companies persist and how to revive them
Corporate Debt, Turnaround & Restructuring

Why private equity’s zombie companies persist and how to revive them

The world of private equity (PE) is often associated with aggressive investments and lucrative exits. Yet, beneath the veneer of high-octane deals lies a darker reality: a growing...

Zombie Companies - How to spot, survive, and save the undead in business

Zombie Companies - How to spot, survive, and save the undead in business

New Halloween-themed CDH Conversations Podcast Episode!

Delinquency: The corporate reckoning of directors
Corporate Debt, Turnaround & Restructuring

Delinquency: The corporate reckoning of directors

The Supreme Court of Appeal’s (SCA) decision in Msibithi Investments and Others v African Legend Investment and Others ZASCA 61 is a crisp reminder that the ability to declare a director...

The Tao of equity capital
Corporate Debt, Turnaround & Restructuring

The Tao of equity capital

Nastascha Harduth - Sector Head and Director, Yaniv Kleitman – Director, and Zachary Kokosioulis - Associate were recently featured in the Sunday Times Supplement, where they discussed...

Navigating Legacy and Leadership: Nastascha and Tebello in Conversation – A Xennial and Zennial Perspective
Corporate Debt, Turnaround & Restructuring

Navigating Legacy and Leadership: Nastascha and Tebello in Conversation – A Xennial and Zennial Perspective

As women in law, the career journey is shaped not only by matters argued or contracts drafted, but rather by the moments that put you to the test, the mentors that lift you up, and...

The impact of geopolitical and geo-economic shifts on SA Inc
Corporate Debt, Turnaround & Restructuring

The impact of geopolitical and geo-economic shifts on SA Inc

As South Africa approaches the 1 August 2025 deadline for the implementation of the 30% US tariffs, CDH and Deloitte recently hosted an event examining the wide-ranging impact of geopolitical...

Why banks are different, and why it matters
Banking, Finance & Projects

Why banks are different, and why it matters

Commercial banks (as defined in the Banks Act 94 of 1990) aren’t like other public companies registered in terms of the Companies Act 71 of 2008. A South African commercial bank might...

The impact of Geopolitical uncertainty on South African industries and corporates
Corporate & Commercial Law

The impact of Geopolitical uncertainty on South African industries and corporates

CDH and experts from Deloitte present a very timely panel discussion on the profound impact of geopolitical and geo-economic shifts on SA Inc.

Foreign insolvency judgments in South Africa
Corporate Debt, Turnaround & Restructuring

Foreign insolvency judgments in South Africa

The recent decision by the full bench of the Gauteng Division of the High Court in Ellison v Breytenbach N.O and Another (A278/2022) ZAGPPHC 565 (5 June 2025) sheds light on how South...

Navigating legacy and leadership through the lens of a Xennial and a Zennial
Corporate Debt, Turnaround & Restructuring

Navigating legacy and leadership through the lens of a Xennial and a Zennial

As women in law, the career journey is shaped not only by matters argued or contracts drafted, but rather by the moments that put you to the test, the mentors that lift you up, and...

Safeguarding your legacy: Estate planning for directors and professionals
Corporate Debt, Turnaround & Restructuring

Safeguarding your legacy: Estate planning for directors and professionals

In the dynamic South African economic landscape, directors and professionals often dedicate their lives to building successful companies and thriving careers. However, a crucial aspect...

Game-changing ruling: Companies in business rescue just scored a major victory over SARS
Corporate Debt, Turnaround & Restructuring

Game-changing ruling: Companies in business rescue just scored a major victory over SARS

In a landmark decision delivered on 12 May 2025, the Supreme Court of Appeal (SCA) ruled that the South African Revenue Service (SARS) cannot apply set-off of value-added tax (VAT)...

Look before you leap: Avoiding the chaos caused by multiple liquidation applications
Corporate Debt, Turnaround & Restructuring

Look before you leap: Avoiding the chaos caused by multiple liquidation applications

On 31 March 2025, the Supreme Court of Appeal of South Africa (SCA) handed down judgment in the matter of Resilient Rock (Pty) Ltd v Voltex (Pty) Ltd t/a Atlas Group (1132/2023) ZASCA...

Understanding the Gauteng High Court’s dedicated insolvency court
Corporate Debt, Turnaround & Restructuring

Understanding the Gauteng High Court’s dedicated insolvency court

The implementation of the Insolvency Motion Court (IMC) and Insolvency Trial Court (ITC) in the Gauteng High Court, effective from 14 April 2025, marks a significant procedural shift...

Innovation key to navigating South Africa’s economic challenges
Corporate Debt, Turnaround & Restructuring

Innovation key to navigating South Africa’s economic challenges

Nastascha Harduth, Director and Sector Head in the Corporate Debt, Turnaround & Restructuring sector, joined Nhlanhla Sehume on Power FM to discuss 'Innovation key to navigating South...

Leveraging innovation to stave off financial decline and promote growth
Corporate Debt, Turnaround & Restructuring

Leveraging innovation to stave off financial decline and promote growth

South Africa, the 24 th largest country by population and 25 th by land area, has immense untapped potential. Our large labour market and significant immigrant population, combined...

SCA confirms that post-commencement creditors are allowed to vote on business rescue plans

SCA confirms that post-commencement creditors are allowed to vote on business rescue plans

In a landmark decision, Mashwayi Projects (Pty) Ltd and Others v Wescoal (Ply) Ltd and Others (1157/2023) ZASCA 5 (29 January 2025), the Supreme Court of Appeal (SCA) has affirmed...

Derisking deglobalisation for SA business success
Corporate Debt, Turnaround & Restructuring

Derisking deglobalisation for SA business success

The reduction of global trade bookended by the two world wars was followed by 60 years of increased globalisation – including a period of hyper-globalisation from 1990 to 2008. After...

Implications for creditors in light of Van Zyl v Auto Commodities (Pty) Ltd revisited: Understanding sections 154(1) and 154(2) of the South African Companies Act 71  of 2008
Corporate Debt, Turnaround & Restructuring

Implications for creditors in light of Van Zyl v Auto Commodities (Pty) Ltd revisited: Understanding sections 154(1) and 154(2) of the South African Companies Act 71 of 2008

The South African Companies Act 71 of 2008 (Companies Act) provides a framework for business rescue proceedings, aimed at rehabilitating financially distressed companies. Sections...

The Art of Corporate Revival: Exploring Effective Turnaround Tools & Strategising
Corporate Debt, Turnaround & Restructuring

The Art of Corporate Revival: Exploring Effective Turnaround Tools & Strategising

CDH hosted a panel discussion titled "The Art of Corporate Revival: Exploring Effective Turnaround Tools & Strategising."

The difference between business rescue and liquidation Nastascha Harduth
Corporate Debt, Turnaround & Restructuring

The difference between business rescue and liquidation Nastascha Harduth

Nastascha Harduth joined Jeremy Maggs on Moneyweb to the difference between business rescue and liquidation.

King V provides a blueprint for boards navigating corporate distress
Corporate Debt, Turnaround & Restructuring

King V provides a blueprint for boards navigating corporate distress

In the current economic climate, the line between strategic turnaround and terminal decline is thinner than ever. For boards and management teams navigating corporate distress, the...

High Court clarifies creditor rights when a business rescue plan is rejected
Corporate Debt, Turnaround & Restructuring

High Court clarifies creditor rights when a business rescue plan is rejected

Business rescue is widely regarded as the final opportunity for a company facing imminent collapse. Yet, a recent landmark judgment by Pullinger AJ in the High Court has made it clear...

Why private equity’s zombie companies persist and how to revive them
Corporate Debt, Turnaround & Restructuring

Why private equity’s zombie companies persist and how to revive them

The world of private equity (PE) is often associated with aggressive investments and lucrative exits. Yet, beneath the veneer of high-octane deals lies a darker reality: a growing...

Delinquency: The corporate reckoning of directors
Corporate Debt, Turnaround & Restructuring

Delinquency: The corporate reckoning of directors

The Supreme Court of Appeal’s (SCA) decision in Msibithi Investments and Others v African Legend Investment and Others ZASCA 61 is a crisp reminder that the ability to declare a director...

The Tao of equity capital
Corporate Debt, Turnaround & Restructuring

The Tao of equity capital

Nastascha Harduth - Sector Head and Director, Yaniv Kleitman – Director, and Zachary Kokosioulis - Associate were recently featured in the Sunday Times Supplement, where they discussed...

Why banks are different, and why it matters
Banking, Finance & Projects

Why banks are different, and why it matters

Commercial banks (as defined in the Banks Act 94 of 1990) aren’t like other public companies registered in terms of the Companies Act 71 of 2008. A South African commercial bank might...

Foreign insolvency judgments in South Africa
Corporate Debt, Turnaround & Restructuring

Foreign insolvency judgments in South Africa

The recent decision by the full bench of the Gauteng Division of the High Court in Ellison v Breytenbach N.O and Another (A278/2022) ZAGPPHC 565 (5 June 2025) sheds light on how South...

Safeguarding your legacy: Estate planning for directors and professionals
Corporate Debt, Turnaround & Restructuring

Safeguarding your legacy: Estate planning for directors and professionals

In the dynamic South African economic landscape, directors and professionals often dedicate their lives to building successful companies and thriving careers. However, a crucial aspect...

Game-changing ruling: Companies in business rescue just scored a major victory over SARS
Corporate Debt, Turnaround & Restructuring

Game-changing ruling: Companies in business rescue just scored a major victory over SARS

In a landmark decision delivered on 12 May 2025, the Supreme Court of Appeal (SCA) ruled that the South African Revenue Service (SARS) cannot apply set-off of value-added tax (VAT)...

Look before you leap: Avoiding the chaos caused by multiple liquidation applications
Corporate Debt, Turnaround & Restructuring

Look before you leap: Avoiding the chaos caused by multiple liquidation applications

On 31 March 2025, the Supreme Court of Appeal of South Africa (SCA) handed down judgment in the matter of Resilient Rock (Pty) Ltd v Voltex (Pty) Ltd t/a Atlas Group (1132/2023) ZASCA...

Understanding the Gauteng High Court’s dedicated insolvency court
Corporate Debt, Turnaround & Restructuring

Understanding the Gauteng High Court’s dedicated insolvency court

The implementation of the Insolvency Motion Court (IMC) and Insolvency Trial Court (ITC) in the Gauteng High Court, effective from 14 April 2025, marks a significant procedural shift...

Leveraging innovation to stave off financial decline and promote growth
Corporate Debt, Turnaround & Restructuring

Leveraging innovation to stave off financial decline and promote growth

South Africa, the 24 th largest country by population and 25 th by land area, has immense untapped potential. Our large labour market and significant immigrant population, combined...

SCA confirms that post-commencement creditors are allowed to vote on business rescue plans

SCA confirms that post-commencement creditors are allowed to vote on business rescue plans

In a landmark decision, Mashwayi Projects (Pty) Ltd and Others v Wescoal (Ply) Ltd and Others (1157/2023) ZASCA 5 (29 January 2025), the Supreme Court of Appeal (SCA) has affirmed...

Derisking deglobalisation for SA business success
Corporate Debt, Turnaround & Restructuring

Derisking deglobalisation for SA business success

The reduction of global trade bookended by the two world wars was followed by 60 years of increased globalisation – including a period of hyper-globalisation from 1990 to 2008. After...

Implications for creditors in light of Van Zyl v Auto Commodities (Pty) Ltd revisited: Understanding sections 154(1) and 154(2) of the South African Companies Act 71  of 2008
Corporate Debt, Turnaround & Restructuring

Implications for creditors in light of Van Zyl v Auto Commodities (Pty) Ltd revisited: Understanding sections 154(1) and 154(2) of the South African Companies Act 71 of 2008

The South African Companies Act 71 of 2008 (Companies Act) provides a framework for business rescue proceedings, aimed at rehabilitating financially distressed companies. Sections...

From vision to fruition.