As we wind down towards the end of the year, South African businesses are finding it increasingly tough to cope with the changing dynamics of the South African business environment.
Eric Levenstein, Director and Head of our Insolvency and Business Rescue practice area at Werksmans Attorneys, spoke to eNCA about the uptick in filings for business rescue by small to medium enterprises and the use of business rescue as a restructuring tool for realigning capital resources in a distressed environment.
