2022 has been another prominent year for the business rescue industry. We saw Comair placed into liquidation, Tongaat Hulett being placed into business rescue, and the South African Post Office having to embark on a retrenchment drive to save its turnaround plan. Michael Dorn (CEO of the RT Group) discusses these events and how they shaped 2022 into one of the most eventful years for the business rescue profession.
Looking into the future is one of the most important exercises that business rescue practitioners and turnaround professionals can undertake. While it is a bit of a gamble in that it is trying to predict […]
A company can be placed in business rescue in only two ways, voluntarily by a board resolution in terms of section 129 or compulsorily by court application brought by an affected person in terms of […]
In mid-February, Turnaround Talk published an article which pointed out that some of the biggest and most successful companies in the world are often led by an iconic CEO. Successful companies are also good at […]
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