Our service is comprehensive and tailored to all aspects of corporate debt recoveries, informal business turnarounds and formal restructurings. We understand the legal and regulatory landscape, and can advise on:
Corporate Debt
- Recovery of debts (including perfection of security)
- Forensic Investigations
- Protective orders
- Insolvency Enquiries
- Piercing the corporate veil
- Cross-border recognition proceedings
Turnaround (informal process)
- Business Optimisation
- Structural and operational reorganisation
- Capital restructuring
- Advising on risks
- Crisis stabilisation
- Stakeholder management
- Board/shareholder deadlocks
- Distressed M&A
Restructuring (formal process)
- Compromises
- Business rescue
- Liquidation and sequestration proceedings
- Cross-border insolvency and recognition proceedings
2022
2021
Services
Our service is comprehensive and tailored to all aspects of corporate debt recoveries, informal business turnarounds and formal restructurings. We understand the legal and regulatory landscape, and can advise on:
Corporate Debt
- Recovery of debts (including perfection of security)
- Forensic Investigations
- Protective orders
- Insolvency Enquiries
- Piercing the corporate veil
- Cross-border recognition proceedings
Turnaround (informal process)
- Business Optimisation
- Structural and operational reorganisation
- Capital restructuring
- Advising on risks
- Crisis stabilisation
- Stakeholder management
- Board/shareholder deadlocks
- Distressed M&A
Restructuring (formal process)
- Compromises
- Business rescue
- Liquidation and sequestration proceedings
- Cross-border insolvency and recognition proceedings
Newsletters
2022
2021
Corporate Debt, Turnaround & Restructuring Lawyers
Our Corporate Debt, Turnaround & Restructuring team provides strategy advice to boards of directors where the company is financially distressed, to ensure that the directors do not fall foul of their obligations in terms of the Company’s Act.
Our Corporate Debt, Turnaround & Restructuring LawyersSECTOR HEAD
Corporate Debt, Turnaround & Restructuring News
More newsKing 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 release of the King V Code on Corporate Governance for South Africa, 2025 (King V) (generally effective from 1 January 2026) is more than a regulatory update; it is a framework for survival.
Why the commencement date of liquidation is important, and how its possible manipulation should be interrogated
The case of Enyuka Prop Holdings (Pty) Ltd v United Merchants CC and Others 2025 JDR 2947 (GJ) untangles a web of what the court described as “ collusive dealings ” between two related close corporations, United Merchants CC (United) and Truval Manufacturers CC (Truval). Enuyka Prop Holdings (Pty) Ltd (Enyuka) brought an application against United (the first respondent), seeking a declaration that a special resolution for the voluntary winding up and deregistration of United was void ab initio , thereby setting aside the voluntary winding up. While the liquidators of United (the second and third respondents) did not oppose this application, Truval did after obtaining leave to intervene as a third party. This article deals with Enuyka and Truval’s opposing motivations for their actions, and deals with the importance of the liquidation commencement date.
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 that creditors cannot be compelled to accept a rescue plan that lacks transparency or unfairly benefits one party over others.
Market recognition
- Chambers Global 2018 - 2025 ranked us in Band 2 for restructuring/insolvency.
Market recognition
- Chambers Global 2018 - 2025 ranked us in Band 2 for restructuring/insolvency.
Happy Clients
"The team were extremely responsive and commercially minded. Their strengths include effective teamwork and mindfulness of costs. They worked under very tight timelines and never once let me down."
Chambers Global 2023