Insolvency and Business Rescue

Our insolvency and business rescue specialists enjoy a strong reputation in all industries and all business sectors for delivering practical and appropriate solutions to clients, this across South Africa and a number of African countries. Our clients in this department include leading South African banks, the South African Revenue Services (SARS), companies listed on the JSE Securities Exchange, trustees, liquidators, business rescue practitioners, creditors, funders and the like.

We offer a full range of products, services, structures and advice, including the following:


  • We specialise in guiding and advising financially distressed companies and individuals
  • Actions by and against directors, officers of companies, senior management and members of committees
  • We advise boards of directors and individual directors who serve on boards and members of various board committees
  • Voluntary and compulsory sequestration applications
  • Shareholder and shareholder / creditor voluntary winding-up resolutions and applications
  • Compulsory winding up applications
  • Insolvency interrogations in terms of the Insolvency Act and the Companies Act
  • We manage and conduct all aspects of insolvency litigation including the setting aside of impeachable transactions, collusive dealings and rendering directors and third parties personally liable for debts of the company for reckless trading and fraudulent conduct
  • We manage and conduct all insolvency related litigation
  • We defend directors, company officers and senior management against all claims brought against them

Business Rescue

  • We specialise in guiding and advising financially distressed companies, their boards of directors and individual directors, public officers, senior management and members of board committees
  • We conduct informal workouts and formal business turn around and reconstructions, creditors offers of compromise and schemes of arrangement
  • We conduct viability assessments
  • We handle and advise upon all business rescue legal requirements including litigation, applying for, opposing business rescue proceedings, acting for “affected parties”, advising affected parties and business rescue practitioners, formulation and preparation of Business Rescue Plans; applying for regulatory approvals (Competition Commission and Take Over Regulation Panel).
  • We handle and conduct applications and actions for enforcement of securities. We also defend and oppose such applications and actions
  • We handle and conduct constitutional litigation from a business rescue perspective
  • We handle and conduct corporate restructurings
  • We handle and conduct insolvency due diligence exercises
  • We advise creditors and creditor committees
  • We advise employees, employee committees and trade unions
  • We deal with all aspects of financial risk management
  • We handle and conduct schemes of arrangement


Alex Peral+27 11 328 9316
Buhle Duma+27 11 328 1814
Charles Shapiro+27 11 328 1841
Colin Jeffrey Strime+27 11 328 1843
Galia Bloch+27 11 328 9321
Ian Shapiro+27 11 328 1825
Kevin Van Huyssteen+27 11 328 1730
Lionel dos Passos+27 11 328 1801
Ryszard Lisinski+27 11 328 9333
Saul Aryeh Shoot+27 11 328 1779
Trevor Simon+27 11 328 1804