Business Rescue Attorney Johannesburg
A financially distressed company isn’t necessarily a failed one. Business rescue proceedings, under Chapter 6 of the Companies Act, offer a structured process for restructuring a company’s affairs to improve its chances of continuing to trade — or, failing that, to achieve a better return for creditors than immediate liquidation would.
Our business rescue attorneys in Johannesburg advise directors, companies and affected parties on the business rescue process, including eligibility, the appointment of a business rescue practitioner, and the rights of creditors and shareholders during proceedings. If your South African company is facing financial difficulty, understanding your options early — before insolvency becomes unavoidable — is critical to preserving value for everyone involved.
