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Business Rescue (Examinership)

Viable businesses can obtain protection via court against creditors to give time to formulate proposals for a scheme of arrangment with creditors through a process know as "Examinership".

We can guide business oweners through the procedure and take appointment as Examiner and make proposals and negotiate with creditors to achieve the required majorities which will make the scheme binding on all creditors. Such a procedure may offer a substantially better result to stakeholders than a liquidation.