Manong Badenhorst provides assistance with insolvency or bankruptcy for clients throughout South Africa. Our team covers all aspects of liquidations and insolvency, both corporate and personal, ranging from applications to liquidate companies in South Africa.
Liquidations are no longer just about companies that cannot pay their debts. Liquidation has become a sophisticated tool of commercial restructuring, and the need for professional legal advice will only increase. South African companies which are financially distressed or facing insolvency, now have an opportunity to reorganise and restructure. This has far reaching effects on creditors, financial institutions, shareholders, employees and restructuring specialists.
Manong Badenhorst is able to advise business directors, stakeholders, employees and creditors during all stages of the business rescue process. This includes providing guidance to creditors in respect of strategic decisions, and advice on protecting their security, particularly when it comes to financing and lending transactions in the business rescue scenario.
At Manong Badenhorst we specialise in:
- Schemes of arrangement and offers to compromise
Appointments as liquidators and trustees