Overview of business rescue in South Africa - the context, process, and stakeholders

CRS Business Rescue
CRS Business rescue services
Business rescue in South Africa
Business rescue legislation
Business rescue regulations
Turnaround / Business rescue industries
Jan van der Walt - Senior Business Rescue Practitioner
About CRS Business Rescue
Contact CRS

The objective and goals of business rescue

This section will explore the objective and goals of business rescue as stated in Chapter 6, amplified by the generic objectives and goals of business rescue in other jurisdictions e.g. to overcome the disadvantages of workout.

Additionally, it will discuss the conditions for achieving the objective and goals, as well as common misconceptions about business rescue.

Business rescue in South Africa

Status of business rescue implementation and operation in South Africa
Context of business rescue
Objective and goals of business rescue
Justification of business rescue
Business rescue and the timeline of financial distress
Business rescue versus workout
Business rescue resolution
Business rescue proceedings
Business rescue plan
Business rescue practitioner
Registration as a business rescue practitioner
Business rescue implications for stakeholders
Business rescue implications for directors
Business rescue implications for affected persons
Business rescue implications for shareholders
Business rescue implications for creditors
Business rescue implications for employees
Characteristics of Chapter 6 business rescue
Critical assessment of Chapter 6 business rescue
History of Chapter 6

The objective and goals of business rescue

Business rescue in South Africa

Search CRS Business Rescue

Share this page on your Scribd profile

Corporate Renewal Solutions