The business rescue profession is governed by legislation that provides a framework that gives BRPs the power to rescue companies from financial distress.
The media attention that the profession has received over the past two years has highlighted that there needs to be legislative development in order for the profession to operate without scrutiny. This was discussed with a panel of experts from Cliffe Dekker Hofmeyr in an exclusive interview.
The article on the Optimum Coal Case can be found here.
The article on the Shiva Uranium Case can be found here.