Restructuring and Insolvency


In times of financial distress, businesses must make critical decisions to determine their future viability.

Through our client-centric focus and strategic attention to what is core and what is not, we are able to advise clients on unique ways to restructure their debt and equity, renegotiate financing terms, and dispose of non-core assets, in order for them to meet their long-term objectives, minimise disruption, maximise recovery, and ensure sustainability.

Our niche, multi-disciplinary team of banking, finance and litigation experts provide tailored solutions across a number of industries and jurisdictions. We are also able to advise directors on their obligations during times of financial distress, restructuring or business rescue.

Major publishable transactions

  • Advised Southern Point Resources in respect of a secured production financing facility made available to Bushveld Vanchem, a member of the Bushveld Minerals group.
  • Advised Aveng in relation to the final restructuring of their finance facilities originally put in place when the group experienced financial distress and the eventual cancellation of such facilities.
  • Advised Atterbury Property Holdings in relation to the renegotiation of their shareholder loan from RMB Holdings (advanced through Rand Merchant Bank) and the conversion thereof to shares.
  • Represented Aveng Limited in their disposal of Trident Steel Africa to a consortium of local and USA private capital providers, including Investments (Pty) Ltd and Trident Steel’s management.
  • Legal advisor to Bid FinServ Capital (Pty) Ltd relating to the sale of shares in BWEB (Bidvest Wealth Employee Benefits) by Bid FinServ to Alexander Forbes Financial Services (Pty) Ltd.
  • Handled the legal matters of the 100% sale of shares and claims in Aveng International Construction Limited to Kosto Holdings Limited.
  • Legal representative for Aveng Africa (Pty) Ltd regarding the sale of the Rossway Factory Business as a going concern to Afriset Manufacturing (Pty) Ltd.
  • Advising the Provisional Curator of Medipos Medical Scheme on different aspects of the curatorship including the challenge to the curatorship, liquidation and later placing it in business rescue of the employer group of a restricted medical scheme and enforcement of the scheme’s claim in terms of the business rescue plan.