Please take note of the latest Practice Note released by the Companies and Intellectual Property Commission (CIPC)
Practice Note 3 of 2021 – Business Rescue Proceedings filing requirements
Special Features Archive
Judicial assessment of financial distress and the emphasis on credible restructuring in business rescue
The core issue addressed in the judgment of Francis Edward Gormley and West City Precinct Properties (Pty) Ltd v Anglo Irish Bank Corporation Ltd revolves around the application of the business rescue provisions under the […]
Special Features Archive
Comair’s wings clipped as BRPs struggle to fund business rescue
The complex nature of a business rescue and turnaround is a challenge that is discussed with every potential client. These complexities are also discussed with creditors and lenders who have to make the final decision […]
Special Features Archive
Accurate risk reporting needs to be improved in the business rescue profession
The regulatory pressures for improved risk assessment and reporting on internal control have increased around the world. The reason corporate accounting failures, frauds, internal control breaches, and governance failures have been seen in companies and […]
