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Eric Levenstein looks at the impact of a triple whammy of distressed corporates, economic uncertainty and director apathy on South Africa.
An issue of concern to
insolvency practitioners across the globe and in South Africa, is the ever-increasing level of corporate distress and uncertainty. This impacts the
role of insolvency practitioners (liquidators and business rescue practitioners)
and the manner in which they can assist in the restructuring of companies that
might be on the brink of insolvency.
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