Business Rescue or Liquidations: The When, Why and How

About the training

Drastic times call for drastic measures, but sometimes businesses jump to the most drastic measures before considering alternatives.

This training will help participants understand restructuring processes and their implications on business, debtors and stakeholders. It is a defogged explanation of the when, why and how of business rescue and liquidations, and also focusses on aspects that creditors need to consider when their debtors go through these processes.

 The training will cover

  • The fundamentals of business rescue – when to consider it, the pros and cons thereof and how to enter into business rescue.
  • Alternatives short of entering business rescue.
  • The fundamentals of liquidation and how to start the process.
  • The consequences of Business Rescue and Liquidation: How to deal with your debtor if it enters business rescue or liquidation.


The presenters

Louwressè Specht is SEIFSA’s Acting Industrial Relations and Legal Services Executive. She holds an LLB from the North West University and an MBA from North West University Business School. She was previously employed as group legal counsel in the road freight, logistics and commodity trading industry, where her duties included compliance management, IR management, employment law matters, commercial law matters and company secretarial duties. She has also practised as an attorney, specialising in corporate law, commercial litigation and trial advocacy.

Vuyiswa Miya is Industrial Relations and Legal Services Manager at SEIFSA. She has extensive experience as an Admitted Attorney and has worked for various law firms handling matters pertaining to contractual disputes, drafting contracts, providing legal advice, appearing in the CCMA and bargaining councils, prosecuting and chairing disciplinary hearings. She holds an LLB degree and a Postgraduate Diploma in Labour Law, both from the University of Johannesburg.


Tel: 011 298 9400




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