Insolvency is an area of law which involves a debtors inability to pay its creditors and therefore provides a mechanism for the equitable treatment of all creditors.

Insolvency processes may result in liquidation, for a company, or sequestration, for an individual, both voluntary and involuntary. Liquidation and Sequestration orders are severe in that they entail a status change, and it is important to seek legal advice and understand the impact a decision in this area of law will have on a company and / or on individuals.

Business rescue offers a useful alternative to the liquidation or winding-up of a financially distressed company. We follow an effective business rescue process aimed at facilitating the rehabilitation of a company, inter alia, advise on all other business rescue legal requirements such as applying for and opposing business rescue proceedings as well as providing advice to all other parties i.e. creditors and employees impacted by the business rescue process, formulation and preparation of business rescue plans and application for regulatory approvals.