The South African Companies Act 71 of 2008 (Companies Act) provides a framework for business rescue proceedings, aimed at rehabilitating financially distressed companies. Sections 154(1) and 154(2) of the act are particularly significant as they […]
Happy New Year to all. GCS hopes that this will be an exciting and productive year for every company in South Africa and that the country can continue to be a beacon of hope for […]
Happy 2025. There are early signs that the South African economy will grow steadily this year, which is good news for companies. Let’s hope there will be fewer liquidations this year. South Africa was a […]
Who is responsible for the payment of loss arising from cyber fraud, specifically when an email correspondence is intercepted by a scammer and banking details are changed? The Western Cape High Court (“Court”) recently had […]
Talk about “hitting the ground running” in the new year, for corporate law at least. The President has proclaimed that certain sections of the Companies Amendment Act, 16 of 2024 and the entirety of the […]
Happy 2025 to all of Turnaround Talks followers. Let’s make this year the most productive one yet, where goals are achieved and significantly surpassed. The New Year is typically a time of introspection, when people […]
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