Clear legal guidance through financial distress,
business rescue and insolvency proceedings.
When a company is financially distressed, decisions must be made under pressure and, often, without the full picture. Directors must consider their statutory obligations and whether business rescue, compromise or liquidation proceedings are the appropriate path forward.
Corporate financial distress affects several stakeholders, from directors and shareholders to creditors and employees. Managing corporate financial distress requires not only a strong understanding of the law but also the strategic foresight to protect value and mitigate risk.
Tabacks advises companies, creditors, business rescue practitioners and liquidators at every stage of the corporate distress lifecycle.
Our team combines technical legal expertise with practical commercial insight and has advised and represented clients across a range of sectors, including mining, construction, financial services and logistics.
Insolvency & Business Rescue expertise
• Legal advice on business rescue, insolvency and restructuring proceedings
• Applications to place companies under business rescue and related court proceedings
• Litigation arising from business rescue and liquidation matters
• Representation in section 417 and 418 insolvency enquiries
• Asset tracing and recovery in insolvent estates
• Drafting and review of business rescue plans, compromise agreements and related documentation
• Advice to directors on statutory duties during financial distress
• Legal support to business rescue practitioners and liquidators
• Creditor representation and protection of creditor rights in rescue and liquidation proceedings
Key contacts
