Creditor Voting Rights During Business Rescue in Terms of the South African Companies Act 71 Of 2008
Chapter 6 of the South African Companies Act 71 of 2008 (the “Companies Act”) deals with a process referred to under South African law as “business rescue”, aimed at the...Read more
Interpreting Business Rescue Provisions of the South African Companies Act 71 of 2008: Secured Pre-Commencement Finance Versus Post-Commencement Finance
The South African Companies Act provides for a business rescue process. A current interpretational issue relates to the ranking of claims of creditors who provided secured Pre-commencement Finance in relation...Read more
