Results 211 to 220 of about 12,829 (249)

Business Rescue Legislation: Rehabilitating or Debilitating Business Rescue Success During Covid-19

African Journal of Business and Economic Research, 2022
In South Africa (SA), business rescue was introduced in 2011 to assist financially distressed companies. However, the COVID-19 pandemic triggered an avalanche of economic uncertainties, and in 2020, SA became the fifth highest country affected by COVID-19 infections, resulting in a total shutdown of all businesses, except for essential services.
Kajal Ramnanun   +2 more
exaly   +2 more sources

Business Rescue in Insolvency Law in Europe: Introducing the ELI Business Rescue Report

International Insolvency Review, 2018
AbstractIn a European study, written under the auspices of the European Law Institute, the authors have designed elements of a legal framework that will enable the further development of coherent and functional rules for business rescue in Europe. Based on the recommendations of international organisations, such as UNCITRAL and the World Bank, as well ...
Bob Wessels, Stephan Madaus
exaly   +2 more sources

A liabilities approach to the likelihood of liquidation in business rescue

South African Journal of Accounting Research, 2018
While reorganisation procedures aim to salvage financially distressed firms, they are often abused, as uneconomic, failing firms commence with proceedings that erode value rather than preserve it.
Marius Pretorius, Wesley Rosslyn-Smith
exaly   +2 more sources

Rescuing Business

1998
Abstract Corporate bankruptcy is a defining characteristic of the market economy. It encapsulates the fundamental conflicts between capital and labour, owners and managers, debtors and creditors, the state and the market. Yet, with one or two notable exceptions, the political and social dynamics of bankruptcy law and practice have ...
Bruce G Carruthers, Terence C Halliday
openaire   +1 more source

A reasonable prospect for rescuing a company as a requirement for business rescue: a decade later

Tydskrif vir die Suid-Afrikaanse Reg, 2021
Voor inwerkingtreding van sakeredding as instelling op 1 Mei 2011 was doemprofete bevrees dat die sentrale en deurlopende vereiste van ’n redelike vooruitsig vir sakeredding die instelling so oneffektief as geregtelike bestuur onder die 1973-wet sou maak. Die vereiste word op twee verskillende maniere in die wet geformuleer.
P O’Brien, J Calitz
openaire   +1 more source

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