Can liquidation be used to eliminate competitors? This question gained significant importance in the case of Dangerous Goods vs Jag Freight and Another, where the Court’s criticism highlighted the potential impact of such applications. The […]
The original article can be found here. South Africa’s state-owned rail company needs R12.2 billion and five years to upgrade equipment to revive performance of its main export coal line, according to an internal report. […]
As we celebrate Women’s Month, it’s a time to acknowledge the significant contributions of South African women. They have been influential in the home, community, and political circles, and are increasingly making their mark as […]
In a distressed environment, companies that want to avoid facing financial distress need to reassess the viability of their core assets or pivot toward new businesses that will be profitable in the future. The South […]
A federal judge in California recently considered an employment discrimination claim that involved AI. Even though it considered specific circumstances which are fairly unique and groundbreaking, this is likely to become more common practice in […]
In the realm of business rescue and business turnaround, a company exits business rescue (a situation of financial distress) when it proves to be profitable once again. Key to this is increased efficiency or profitability […]
The original article can be found here. Ominous sentinels line the long, straight roads to Richards Bay, a city living in fear of assassins. First, towering eucalyptus trees stand sentry on either side of the […]
In many cases, financial distress can be caused by operational inefficiencies caused by poor management or oversight by the company’s top leadership. This is different to gross mismanagement. However, it is a significant issue as […]
Like many other television companies worldwide, the South African Broadcasting Corporation (SABC) is finding its way in an environment where News and Entertainment companies that embrace technology reap massive rewards. The SABC strategy must remain […]
Parties who agree to be personally liable for a debt, for example, by way of signing a suretyship or a guarantee, should take heed of the potentially dire consequences for them if they choose to […]
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