04/06/2026
When a company faces financial distress, liquidation is not always the only option.
Business Rescue proceedings offer businesses an opportunity to restructure, recover, and potentially return to profitability under the guidance of a Business Rescue Practitioner. From the appointment of a practitioner and the development of a rescue plan, to creditor participation and the protection afforded by the moratorium period, the process is designed to prioritise rehabilitation over closure.
In this article, our Litigation and Dispute Resolution team unpacks the key aspects of Business Rescue proceedings, including how they are initiated, how creditors are affected, and the role they play in preserving businesses and protecting value.
Read the full article here👉🏻https://vdt.co.za/business-rescue/the-ins-and-outs-of-the-business-rescue-process/
