Contact

Business rescue for the tourism industry

Back to top

Business rescue for the tourism industry

Lucinde Rhoodie, Director in our Dispute Resolution practice joined Channel Africa to discuss business rescue for the tourism industry, with the looming third wave of COVID-19. She elaborates on the pitfalls of the Tourism Equity Fund and cautions that some businesses need to consider business rescue.

9 Mar 2021 07:41 Minutes Radio interview
Business rescue for the tourism industry

Business rescue for the tourism industry

Podcast

Business rescue for the tourism industry

Podcast

00:00 00:00
Download MP3

Lucinde Rhoodie, Director in our Dispute Resolution practice joined Channel Africa to discuss business rescue for the tourism industry, with the looming third wave of COVID-19. She elaborates on the pitfalls of the Tourism Equity Fund and cautions that some businesses need to consider business rescue.

The information and material published on this website is provided for general purposes only and does not constitute legal advice. We make every effort to ensure that the content is updated regularly and to offer the most current and accurate information. Please consult one of our lawyers on any specific legal problem or matter. We accept no responsibility for any loss or damage, whether direct or consequential, which may arise from reliance on the information contained in these pages. Please refer to our full terms and conditions. Copyright © 2024 Cliffe Dekker Hofmeyr. All rights reserved. For permission to reproduce an article or publication, please contact us cliffedekkerhofmeyr@cdhlegal.com.

You might also be interested in

6 Sep 2024

by Nomlayo Mabhena-Mlilo and Kuda Chimedza

A story of inspiration and the ripple effect of kindness

Nomlayo Mabhena-Mlilo, a Director in the Dispute Resolution practice, discusses with Kuda Chimedza, Senior Associate in the Banking, Finance & Projects, how kindness and compassion can shape a legal profession.

Dispute Resolution

17:42 Minutes

20 May 2024

National politics at work: Avoiding conflict and managing reputation in the workplace

The issue of political affairs in the workplace is perennial and, given the imminent elections on 29 May 2024, which has been declared a public holiday, the appearance of politically motivated conduct in the workplace or on workplace platforms as well as on social media may be morelikely. 

Employment Law

4 min read

13 Mar 2024

by Timothy Baker, Claudia Moser and Denzil Mhlongo

Business rescue with an ulterior purpose

A financially distressed company facing a liquidation application may be tempted to try and avoid or delay the inevitable by launching a business rescue application in order to suspend the liquidation process. However, if there is no merit in such an application, it will inevitably be found by the courts to be an abuse of process and the stratagem will thus be doomed to failure. The Supreme Court of Appeal in the case of PFC Properties (Pty) Ltd v Commissioner for the South African Revenue Services and Others (543/21; 409/22) ZASCA 111; (1) SA 400 (SCA) (21 July 2023) adjudicated precisely thisscenario.  

4 min read

25 Nov 2024

by Desmond Odhiambo and Christine Mugenyu

Avoid costly mistakes: Why formal agreements are critical in mutual separations

What happens when a resignation is agreed upon without the clarity of a formal written agreement? The recent case of Mwenda v Afri Business LLP and Another KEELRC 2346 highlights the potential legal minefield employers face when mutual separations are not documented properly. While the court ruled in favour of the employer, the lack of a formal agreement nearly turned the tide in favour of the claimant. This case serves as a stark reminder that in employment matters, especially separations, formality and clarity are key to protecting your business from unnecessary disputes.

Employment Law

3 min read

18 Jun 2024

by Timothy Smit and Paige Winfield

Fast is fine, but accuracy is everything

As Wyatt Earp said: “ Fast is fine, but accuracy is final. You must learn to be slow in a hurry .” It is important for litigants to consider and make use of the relevant available legal mechanisms to ensure that legal issues are properly crystallised. Without that exercise, misguided legal strategies are employed.

Dispute Resolution

4 min read

12 Nov 2024

by Kgodisho Phashe

Dress code in the workplace: What's appropriate and what's not

Kgodisho Phashe, Senior Associate in the Employment Law practice joined Clement Manyathela on 702 to discuss 'Dress code in the workplace: What's appropriate and what's not.'

Employment Law

14:47 Minutes

This website uses cookies to enhance the browsing experience. For more information, please see our Cookie Policy.

Accept Decline