We practise in a wide variety of areas but the emphasis of most of our services falls on debt related matters.
We do Liquidations, Sequestrations and Compromises of debt in terms of the Companies Act.
We also have sound knowledge on Company law and advise on different types of Companies, the content of the
Memorandum of Incorporation and Director responsibilities.
Furthermore, we draft various contracts and advise on business and company structuring.
Contact us to arrange a consultation.
DEBT RELIEF
Over indebted businesses often attempt and hope to trade
itself out of trouble, while the recurring monthly financial constraints makes
it difficult, if not impossible.
We have expertise in negotiating a Compromise with
creditors (as provided for in section 155 of the Companies Act). This way the
business and precious jobs can realistically be guarded.
See our Article on Compromise here
Sometimes Liquidations is advisable and appropriate.
We therefore often attend to the liquidation of Companies and advising
shareholders and directors of the process and consequences.
We assist the Voluntary- and Compulsory Liquidations.
Heed must be given on the appropriate steps to be taken avoid personal liability and the consequences of liquidation to existing contracts with employees, suppliers, landlords etc
.
We also advise and assist in Business Rescue proceedings,
although we do not take appointment as business rescue practitioners.
Sequestration of individuals is often the only
realistic option out of the turmoil of over indebtedness, and sleepless nights.
We launch sequestration proceedings from all major high court jurisdictions.
Please contact us for an appointment to give you the right
advice.
COMMERCIAL LAW
Commercial law and Corporate law apply to the rights,
relations, and conduct of companies and persons engaged in business.
We draft various forms of contracts, register Companies and
trusts and advise on the structuring of thereof and shareholder rights and corporate
governance.
Joint Ventures and Partnerships is still very prevalent in
large contracts and we ensure that proper plans and agreements lead to
successful outcomes for the parties involved.
SECURING OF DEBT
When you grant debt or credit facilities, it is important to
ensure that the risk is backed up by some collateral.
We have extensive knowledge on the securing of debt by way
of mortgage- and/or notarial bonds, cessions, pledge, and others to make sure
that your risk is covered.