Rynette Pieters
Director
In some cases, formal liquidation or personal insolvency may be the most beneficial outcome for all stakeholders involved. Our team of experienced insolvency practitioners is equipped to handle any matter, regardless of its size or complexity. We are also adept at transforming a formal liquidation process into a subsequent restructuring under the Companies Act 71 of 2008, providing a pathway to recovery and future stability.
When a company or individual faces insurmountable financial challenges, formal liquidation or personal insolvency can offer a structured and legally compliant solution.
Our services include:
Formal liquidation
- Assessing the financial situation and determining the necessity of liquidation
- Managing the entire liquidation process, from the initial decision to the final dissolution of the company
- Ensuring fair and equitable distribution of assets to creditors and stakeholders.
Personal insolvency
- Providing guidance and support to individuals facing severe financial distress
- Assisting with the preparation and submission of necessary documentation for personal insolvency proceedings
- Helping individuals navigate the legal requirements and obligations during the insolvency process.
Subsequent restructuring
- Utilising the provisions of the Companies Act 71 of 2008 to convert formal liquidation into a restructuring opportunity
- Developing a detailed restructuring plan to revive the business post liquidation
- Engaging with creditors and stakeholders to gain support for the restructuring process and secure more favourable terms.
Our team of insolvency practitioners has a wealth of experience and expertise. We handle matters with the utmost professionalism, ensuring compliance with all legal requirements and maintaining transparency throughout the process. Our practitioners are skilled in managing both small and large-scale insolvencies, providing tailored solutions that address the unique needs of each client. From initial assessment to final resolution, we provide continuous support and guidance, helping you navigate the complexities of insolvency with confidence.
We understand that insolvency and liquidation can be daunting. Our goal is to provide a structured and supportive pathway through these challenging times, ensuring the best possible outcomes for all stakeholders involved. By leveraging our expertise and strategic approach, we aim to transform financial distress into an opportunity for recovery and renewed stability.
To view our current liquidation and insolvency matters or to request a password: