prominent matters

Selected examples of prominent matters in which the firm has been involved include:

• We represented the liquidator in the liquidation of the Afribrand group of companies and investigated security claimed by a consortium of creditors whose claims were in excess of R200 million;
• We advised the monitor appointed by order of court to jointly manage the Fedbond collective investment scheme;
• We attended to various aspects arising from the winding-up of the companies in the Tollgate Group, one of the largest corporate collapses in South African history;
• We were involved in the liquidation of the 7 Eleven Group, acting for the franchisor;
• We acted for the directors of the JSE-listed Leisurenet Group in the enquiry;
• We advised the largest trade creditor in the winding up of the CNA Group;
• We also advised one of South Africa's largest banks on the restructuring of its affairs in Namibia by means of a creditors' scheme of arrangement;
• We have attended to the winding up of local subsidiaries on behalf of multi-national clients;
• We also advised an overseas client on insolvency aspects relating to a tender involving one of South Africa's largest aeroplane charter companies;
• We advised a mining company on the winding up of JCI;
• We advised on the winding up of a company founded as a joint venture between Eskom and a former self-governing territory with an asset base of some R150 million;
• We have advised several local and foreign investment banks and clients regarding the insolvency implications of proposed structured finance and related transactions involving several billions of Rand;
• We advised the foreign liquidators of an aircraft leasing company in regard to various material cross-border insolvency issues and conducted a cross-border commission of enquiry on their behalf.