Our insolvency department represents both creditors and debtors in insolvency, strategic restructuring and turnarounds, as well as the management of a business prior to liquidation.
From the outset, our highly experienced attorneys work closely with our clients in order to determine the best strategy forward. Where necessary, we have the advantage of being able to call on the resources of other departments such as Corporate Recoveries and Forensic Investigations for assistance in achieving the best possible outcome. Our ultimate goal is always to minimise hardship and maximise recovery. When necessary and wherever possible, we will resolve insolvency issues and manage the debtor out of the financial crisis in order to prevent liquidation.
On the creditor side, we understand the operations of a financial institution’s corporate recoveries division. The attorneys in this department have been involved in some of the most complex and high- profile liquidations in the country, and have acted for major creditors inside and outside of the Banking Sector in South Africa. We are on the Master’s Panels for the appointment of Trustees and Liquidators in Pretoria, Johannesburg, Cape Town and Pietermaritzburg.
Core services include:
Deceased Estates, Insolvencies and Insolvency Investigations, Strategic Restructuring, Turnarounds and the management of buinesses prior to liquidation.