Corporate Business Rescue

January 16, 2023

Understanding Business Rescue in South Africa

Globally, there is a rising number of businesses experiencing financial distress. On a local level, this is no exception, as the South African economy has become […]
January 16, 2023

What More to Know About Business Rescue

Part Two In our previous post, we discussed some elements of understanding business rescue. We had a look at how it serves as an alternative to liquidation […]
January 16, 2023

The Benefits of Business Rescue for Companies

The Benefits of Business Rescue for Companies Often a company will struggle to maintain adequate cash flow for operations. There are alternative options available to the […]
January 16, 2023

Business Rescue Proceedings

Business Rescue was discussed in various lights. We explained its benefits, functions, and impact in relation to the business assistance services they offer. Additionally, their policies and […]
January 16, 2023

Business Rescue Service Providers

Welcome to Corporate Business Rescue. As an organisations, we specialise in providing business rescue services. Our aim is to provide companies in financial distress with an […]
January 16, 2023

The Liquidation Process and Business Rescue

In understanding business rescue, it’s important to understand liquidation and the liquidation process. These two procedures interact in many ways. Indeed, they share differences, similarities, and […]
January 16, 2023

What is the Purpose of the Business Rescue Plan?

The business rescue plan is the plan enacted during the business rescue procedure. If approved, the business rescue practitioner implements it. The plan details how the […]
January 16, 2023

Beginning the Business Rescue Process

When it comes to starting the business rescue process, there are several ways to do it. The business rescue procedure first involves a company resolution to […]
January 16, 2023

Cash Flow During the Business Rescue Process

The business rescue process originates from the Companies Act, Act 71 of 2008. It facilitates the rescue of a company considered to be in “financial distress”. […]