May 14, 2024 | Insolvency Law
When a South African company faces provisional liquidation, it’s a pivotal moment filled with challenges yet also, ripe with strategic opportunities. This phase is crucial, not just for the survival of the company but also for directors to navigate legal...
Sep 28, 2021 | Corporate and Commercial Law, Insolvency Law
We examine the reasons why a company would want to liquidate, when it is applicable, and what the process entails. We also explain why it is often in the shareholders and directors best interests to liquidate as soon as the company is insolvent. Why a company would...
Mar 7, 2019 | Insolvency Law
Our Insolvency Law attorneys are often asked about how and when one can be rehabilitated after being sequestrated. We deal with this briefly, and then answer some of the more frequently asked questions below. For more information about the sequestration process...
Apr 18, 2018 | Insolvency Law
An individual can declare themselves insolvent, or bankrupt, and file for sequestration if their debt has become too great and unmanageable and their liabilities exceed his or her assets. Sequestration is defined as the surrender of an individual’s estate to the High...
Jan 18, 2018 | Insolvency Law
A frequently asked question relating to Insolvency Law is how does a company get wound up? A company, like an individual, trust or partnership, can be wound up voluntarily or compulsorily. Voluntary winding up: A company or close corporation can wind itself up...
