South Africa - June 19 2019
Section 154 of the Companies Act, No 71 of 2008 (Act) provides that a business rescue plan (BR Plan) may provide that a creditor, who has acceded to…
Kylene Weyers
South Africa - May 2 2018
In a recent judgment, John Walker Pools v Consolidated Aone Trade & Invest 6 (Pty) Ltd (in liquidation) & another (245/2017) [2018] ZASCA 012 (8 March…
Nicole Brand
South Africa - January 17 2018
The legal moratorium is a protective mechanism inherent in business rescue proceedings. Another safety net available to debtors is the possibility of…
Jeffrey Long
South Africa - May 4 2016
Section 133 of the Companies Act, No 71 of 2008 places a general moratorium on legal proceedings, while the company is under business rescue. This…
Jeffrey Long