Our Business Rescue, Restructuring & Insolvency team's

focus is on guiding our clients to make the right decisions at the right time. Our team can help proactively manage any business rescue, restructuring and insolvency processes.

Commentators highlight the team's dedication to client service, stating: "They have a good understanding of our business, and we have always found them responsive to our needs."

Chambers Global 2019

Business Rescue, Restructuring & Insolvency

The business rescue process introduced in the new Companies Act, No 71 of 2008 allows some breathing space to companies facing financial distress. The new procedures allow a business rescue practitioner to step in and keep the company operating, either to return the company to profitable ways or to ensure a better return for creditors than they would receive in the case of liquidation.

Our focus is on guiding our clients to make the right decisions at the right time. We can help you proactively manage the process, decrease legal risk and financial exposure and explore the available options.

Our services include:

  • Managing financial corporate overexposure and debt restructuring.
  • Obtaining adequate and enforceable security.
  • Liquidation proceedings and sequestration.
  • Compromises.
  • Business rescue.
  • The administration of insolvent estates.
  • Cross-border insolvency.
  • Recovery action.
  • Impeachable transactions.
  • Directors' personal liability.
  • Forensic investigations.
  • Preservation orders.
  • Insolvency inquiries.
  • Creditors' meetings and proof of claims.
  • Training seminars on business rescue proceedings in the new Companies Act.
  • Perfection of Notarial Bonds.

Sector Rankings

  • Chambers Global 2017 and 2019 ranked us in Band 2 for restructuring/insolvency.

Ranked Practitioners

  • Chambers Global 2018-2019 ranked Julian Jones in Band 3 for restructuring/insolvency. The Legal 500 EMEA 2013–2018 recommended him for dispute resolution. Best Lawyers International 2017–2018 listed Julian for insolvency and reorganisation law.

  • Best Lawyers International 2014–2018 listed Thabile Fuhrmann for litigation.

  • The Legal 500 EMEA 2014 recommended Richard Marcus for dispute resolution. Best Lawyers International 2015–2018 listed him for litigation. He was also listed in 2018 for insolvency and reorganisation law. Richard was named as the exclusive South African winner of the ILO Client Choice Awards 2018 in the insolvency & restructuring category