Christopher Rey
Director: Business Restructuring
When financial distress strikes, swift and decisive action is crucial. We specialise in business rescue services, whether through restructuring or by leveraging the provisions of the Companies Act 71 of 2008. Our experienced professionals and support staff are dedicated to helping you navigate the challenging waters of liquidation or restructuring your business's financial affairs with efficiency and professionalism.
Business rescue is a process that facilitates the rehabilitation of a financially distressed company. This involves the temporary supervision of the company and its management, the development and implementation of a business rescue plan and the potential restructuring of the company's affairs, business, property, debt and other liabilities. Our goal is to restore the company to solvency and profitability, ensuring its long-term survival and success.
Our business rescue services encompass a wide range of activities tailored to address your specific needs. These include:
Assessment and planning
- Conducting a thorough assessment of your company's financial health and identifying the root causes of distress
- Developing a detailed business rescue plan that outlines strategic actions to restore financial stability and operational efficiency.
Stakeholder management
- Engaging with key stakeholders, including creditors, employees and shareholders, to gain their support and cooperation
- Negotiating with creditors to restructure existing debts and secure more favourable terms.
Implementation and monitoring
- Implementing the business rescue plan with precision, ensuring all measures are executed effectively
- Continuously monitoring progress and making necessary adjustments to stay on track with recovery goals.
Legal and regulatory compliance
- Ensuring full compliance with the Companies Act 71 of 2008 and other relevant regulations
- Providing expert guidance through the legal complexities of business rescue and liquidation processes.
Our team has a wealth of experience and expertise in business rescue, offering a proactive and solution-oriented approach. With a deep understanding of the legal and financial landscapes, we are well equipped to handle complex situations and deliver successful outcomes. Our professionals are committed to working closely with you, providing clear communication and ensuring transparency throughout the process.
Time is of the essence when dealing with financial distress. Our team is prepared to act quickly and decisively, implementing solutions that minimise disruption and maximise the chances of recovery. Whether your situation requires a comprehensive restructuring or the initiation of formal business rescue proceedings, we are here to support you, every step of the way.
To view our current Business rescue matters: