n Without Prejudice - Shifting mindsets : company law
|Article Title||Shifting mindsets : company law|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Publication Date||Oct 2011|
With the introduction of the new Companies Act (71 of 2008), there has been a flurry of new legal terminology. "Business rescue practitioners," "post commencement finance," "business rescue plan," "moratorium on creditors' claims" and "cram down on dissenting creditors" are all part of the new vocabulary that is changing South Africa's legal landscape, particularly the insolvency field.
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