Insolvency & Business Rescue

(ABOUT)

The Insolvency and Business Rescue department is headed up by Tumisang Kgaboesele who is an attorney and a business rescue practitioner with extensive experience in restructuring, financing and salvaging distressed businesses.

The Insolvency department will explain the options of liquidation and business rescue and the advantages and consequences of each for the creditor or the company and its shareholders.  Without the right advice and without the right business rescue practitioner or liquidator in your corner, the process of business rescue or liquidation can be extremely frustrating.

We work with the right insolvency and business rescue practitioners and we will guide you through the entire process to ensure the best possible outcome.

If you are contemplating sequestration we strongly encourage you to delay the decision until you have received advice on the consequences of sequestration and its alternatives.  Sequestration is not a simple way out of debt and has its own unique consequences. We would only recommend sequestration after all other options available have been thoroughly explored.


(SERVICE AREAS)

Applying for and opposing liquidation proceedings and sequestrations

Applying to set aside liquidation and sequestration orders

Business rescue administration

Debt restructure

Negotiating compromises with creditors

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