Restructuring/Insolvency

About

Provided by Cliffe Dekker Hofmeyr

CDH's highly skilled and experienced Business Rescue, Restructuring and Insolvency team is able to meet the needs of our clients regardless of the economy and the many challenges it brings. Business rescue has become the most sought-after tool for rescuing a company. However, abuse of the proceedings is also rising, as debtors often want to exploit the benefits of business rescue and avoid the inevitable consequences of liquidation. CDH’s dedicated team is fully equipped to assist in any business rescue dilemma. We work closely with all relevant stakeholders to ensure that the distressed company is either restructured, placed into business rescue or liquidated, depending on the best possible commercial outcome. The team provides strategy advice to boards of directors where the company is financially distressed, to ensure that the directors do not fall foul of their obligations in terms of the Company’s Act. When insolvency is the only solution, our lawyers have a track record of providing forthright advice to achieve the best outcome. Whether you are a creditor, lender, company, director or business owner, our team can assist you in the least cumbersome way possible. Our clients turn to us in the preliminary stages of insolvency to represent and assist them through the process, whether it is instituting liquidation or sequestration proceedings, or conducting forensic investigation and convening enquiries