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Filter: Business Rescue
A world in chaos: Do businesses have options to weather the storm?

20 April 2020

The year 2020, or 20plenty as it was commonly referred to when the new decade commenced, has over the last... few months, primarily as a result of the worldwide Covid-19 pandemic, turned out to be an unprecedented time in our history. This is not only true for South Africans, but for all countries and people across the globe. Various negative effects are culminating from and being amplified this virus, not the least of which are medical and economic in nature. All indications are that the world is facing the deepest recession and most challenging health and economic crisis in last 100 years, which will affect everyone at some point and in some way or another.

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112
Article
My company is going under - what is my personal exposure?

08 August 2018

My wife and I are the sole shareholders and directors of our family company. We’ve had a few good years,... but with the current economic times, despite our best efforts to keep the company afloat, it doesn’t look like the company is going to make it. For the first time this reality has hit us and we are both worried that the company’s creditors will come after us and take our home and savings. Can they do this?

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181
Article

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