by dev@dotnews.co.za | Dec 10, 2025 | Company / Corporate / Compliance, Debt Recovery, Insolvency / Liquidation
“I have heard that in war, haste can be folly, but have never seen delay that was wise.” (Sun Tzu, The Art of War) Collecting debt from a recalcitrant debtor can feel very much like going to war, particularly if you have to slog through the trenches of a series of...
by dev@dotnews.co.za | Oct 3, 2025 | Business Rescue, Insolvency / Liquidation
“If you’re flogging a dead horse, make sure you’re not riding it.” (Josh Stern) Creditors and company directors alike need to know how best to deal with a company in financial distress. Both should learn to recognise the difference between an...
by dev@dotnews.co.za | Jun 6, 2025 | Company / Corporate / Compliance, Insolvency / Liquidation
“Family quarrels are bitter things. They don’t go according to any rules” (F. Scott Fitzgerald) A company’s directors have both the power and the duty to manage the company’s affairs for its benefit. When two or more directors are in place, it’s perhaps natural...
by dev@dotnews.co.za | Jun 6, 2025 | Company / Corporate / Compliance, Insolvency / Liquidation, Litigation
“Some people use one-half their ingenuity to get into debt, and the other half to avoid paying it” (George Prentice, newspaper editor and author) You are owed a lot of money by a company that goes into business rescue. The business rescue plan provides for creditors...
by dev@dotnews.co.za | Apr 7, 2025 | Business, Business Rescue, Insolvency / Liquidation
“Turnarounds seldom turn” (Warren Buffett) In the life cycle of any business, it will almost inevitably experience a crisis. This is always a very difficult time and it will be a test of judgment and experience how senior management respond. Usually, it will be some...
by dev@dotnews.co.za | Jan 16, 2025 | Company / Corporate / Compliance, Insolvency / Liquidation, Litigation
“Creditors have better memories than debtors” (Benjamin Franklin) Business rescue, often considered “corporate first aid” for struggling companies, is projected to rise significantly due to persistent economic challenges from unrest-induced financial losses. ...