US EditionDon't Give Up Yet: Exploring Business Rescue Under South African Law
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Don't Give Up Yet: Exploring Business Rescue Under South African Law
The South African economy is hitting businesses hard, and many are struggling. If a business faces serious financial trouble, South African law offers a process called “business rescue.” Think of it as a lifeline to try and turn things around or, if that’s not possible, to ensure creditors are fairly dealt with. This article explains the key things business owners need to know about how business rescue works and what steps they can take. The Com…
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