LITIGATION NEWSLETTER – APRIL 2012

Wednesday, April 25, 2012
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Business Rescue: Not quite the miracle curernrnThe business rescue proceedings introduced in the amended Companies Act 71 of 2008 have brought forth a flurry of applications for business rescue orders, as embattled companies and close corporations desperately seek to stave off liquidation. The consequence of this is that judgments concerning business rescue are being handed down at a rapid pace.

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