Business rescue

September 6, 2016

MAATSKAPPYDIREKTEURE EN PERSOONLIKE AANSPREEKLIKHEID: WEES BEDAG

Ons Maatskappywet van 2008 is sedert 2011 in werking. Die nuwe wet plaas ‘n hele lys van bykomende verantwoordelikhede en risiko’s op direkteure en  beamptes. Die […]
September 6, 2016

DIRECTORS AND PERSONAL LIABILITY: THE LITTLE-KNOWN SECTION WAITING IN AMBUSH

Since the “new” 2008 Companies Act came into effect in 2011, directors and other company officers have had to shoulder a raft of additional responsibilities and […]
September 3, 2014

BUSINESS RESCUE AND SURETYSHIPS: CREDITORS AT RISK

Consider this scenario. It’s unfortunately one all too likely to face creditors in these hard times One of your corporate customers runs up a substantial debt, […]
December 3, 2013

BUSINESS RESCUE: ARE SURETIES AT RISK?

“With surety stronger than Achilles’ arm” (Shakespeare) Creditors of a company in business rescue can, per a recent High Court decision, still sue the sureties.  Although […]
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