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Voting rights denied for post-commencement creditors – implications

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The recent decision by the Gauteng High Court denoting that creditors who have acquired their claim in a business after business rescue has commenced are not entitled to vote on business rescue plans could set a significantly risky precedent for any future organisations facing business rescue.

CMS expands in Africa

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Frankfurt, 7 October 2019. CMS announces that RM Partners and Daly & Inamdar Advocates, based in South Africa and Kenya respectively, have today joined the leading global law firm. Going forward, they will be known as CMS RM Partners and CMS Daly Inamdar Advocates.

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