1887

n Without Prejudice - The problem of compelling shareholders to approve business rescue plans

USD

 

Abstract

With the recent conflicting decisions handed down in 2013 (6) SA 471 and 2014 (1) SA 103, the courts have adopted a varied approach regarding whether or not, in pursuing a business rescue plan, the creditors and/or shareholders who vote against prospective business plans can be compelled to accept the plan on the basis that the creditors' voting interests are acquired through a binding offer.

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/content/jb_prej/14/4/EJC154717
2014-05-01
2016-12-05
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