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.

The firm is "willing to go the extra mile to provide an in-depth review to our queries and, in our dealings with them, have been very solution-driven. We have been kept continually updated on our matters and provided with quantifiable outcomes and realistic timelines."

Chambers Global 2020

“The firm has excellent turnaround times and execution speed. It has a very professional conduct (verbally, written and in meetings) with both ourselves and the other parties in the matter. It is always available.”

IFLR1000 2020

“They were very good, professional and very knowledgeable on the subjects. The firm is very efficient and effective.”

IFLR1000 2020

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 2017-2020 ranked us in Band 2 for restructuring/insolvency.

Ranked Practitioners

  • The Legal 500 EMEA 2014 recommended Richard Marcus for dispute resolution. 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

  • Chambers Global 2020 ranked Tobie Jordaan as up and coming for restructuring/insolvency.