The restructuring of a company in financial distress may be an attractive option to many a business facing tight times. The Companies Act 2008, at Chapter 6, formally introduced the global concept of “business rescue” to South Africa. The aim, to rehabilitate ailing companies by providing a temporary suspension of claimants’ rights against the company...Read More

“My best entrepreneurial advice is to start” (Dave Morin, entrepreneur, angel investor, CEO and co-founder of social network Path) In our last article in the series “Choosing the right legal entity for your business” we looked at the partnership option.  Let’s move on to the private company option, where your business is owned and operated,...Read More