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Cox Yeats Press Office
Cox Yeats is a leading South African law firm, with offices in Johannesburg, Durban and Cape Town. Our expert partners work across 15 different industries and our collaborative spirit means our one legal platform can serve a range of requirements. With insight and pragmatism, we tailor our approach specifically to the needs of each client, providing solutions that are efficient, effective and always strategically considered.
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Court clamps down on the abuse of business rescue proceedings to avoid winding-up proceedings
Business rescue proceedings are a mechanism to facilitate the rehabilitation of a company that is financially distressed. Such proceedings are primarily aimed at restoring a company to solvency that should not be abused by a company with no prospects of being rescued to avoid a winding-up or to obtain some respite from creditors. 26 Jul 2023 Read more


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