The Business Rescue Practitioner: Powers, Duties, And the Qualities That Drive Successful Rescues
When a company is placed into business rescue under Chapter 6 of the Companies Act 71 of 2008, one of the most consequential early decisions is choosing who will lead that process: the Business Rescue Practitioner (“BRP”). Business rescue is an intense period for directors and business owners. Between managing the moratorium, navigating creditor expectations, […]