Authors – Pat Pattinson & Jaco Durandt
Business Rescue is a powerful tool designed to rehabilitate financially distressed businesses and provide creditors with a better outcome than traditional liquidation. However, many creditors are unaware of the rights afforded to them and the important role they can play in the rescue process.
This eBook aims to bridge that knowledge gap by providing a practical, easy-to-understand guide to Business Rescue in terms of Chapter 6 of the Companies Act 71 of 2008.
Drawing on their extensive experience as Business Rescue Practitioners, Pat Pattinson and Jaco Durandt explain the Business Rescue process and highlight 26 fundamental rights afforded to creditors, including the right to participate in proceedings, receive information, vote on rescue plans and hold practitioners accountable.
Whether you are a secured, preferent or concurrent creditor, this guide will help you better understand your rights, protect your interests and make informed decisions throughout the Business Rescue process.
Although this is a free eBook that may be freely distributed, its contents may not be copied without the authors being referenced.
