Is business rescue a remedy for companies struggling due to COVID 19?
“The rescue of a business preserves jobs, provides creditors with a greater return based on higher going concern values of the enterprise, potentially produces a return for owners and obtains for the country the fruits of the rehabilitated enterprise” – The World Bank The COVID-19 pandemic has had a devastating impact on the economy and […]
The importance of a consolidated Covid-19 policy in the workplace
The relief experienced following the president’s announcement that the country would move to Alert level-2 was greeted with great excitement; many immediately ensured the necessary arrangements were made with relatives to regain a semblance of normality- with visiting family, stocking up on cigarettes or a beverage of choice and preparing for a return to the […]
Business interruption: The battle of the insured v the insurer
In times as challenging as these, no business has been immune to the impacts of COVID-19 and the subsequent national lockdown. As in most instances of crises and subsequent losses, businesses across South Africa have looked to their insurers for reprieve from the damages suffered due to the various regulations put in place since President […]
CHANGES TO DIRECTIVES – MOVEMENT OF CHILDREN NOW PERMITTED FOR PARENTS WITH A COURT ORDER OR PARENTING PLAN
Dear C&A Friedlander Client, The Minister of Social Development amended the Directive of 30 March 2020 permitting the movement of children between co-holders of parental responsibilities and rights, during lockdown IF such movement is in terms of an existing Court Order, or in terms of a Parenting Plan duly registered with the office of the […]