Insights
Business Rescue
21 July 2026
A last-minute business rescue won't always stop a liquidation
A company facing a winding-up brought a business rescue application days before the hearing. The High Court refused it — and set out what a company must actually prove to be rescued, and why an arbitration clause won't shield it from liquidation.
1 January 2025
What is meant by a ‘reasonable prospect’ of business rescue?
The first time the Supreme Court of Appeal had to deal with the concept of business rescue was in the matter of Oakdene Square Properties (Pty) Ltd v Farm Bothasfontein (Kyalami) (Pty) Ltd (609/2012)
1 November 2024
When will liquidation proceedings be suspended by a business rescue application?
The crisp issue that was decided by the Supreme Court of Appeal in the matter of Lutchman N.O. and Others v African Global Holdings (Pty) Ltd and Others was when exactly a business rescue application