Tax and LegalInsolvency, Business Rescue and Creditor Rights
When a company runs out of money the law reorders every relationship around it, and the decisions taken in the weeks before that point determine both the outcome and whether directors face personal liability. This course covers that territory. Delegates work through the tests for insolvency and the duties that shift as it approaches, business rescue and the moratorium it imposes, and the practical mechanics of a rescue plan and its adoption. Liquidation follows, including the order of preference and the claims process. Security, retention of title and set off are covered from a creditor's point of view. The course closes on voidable transactions and on director liability for reckless trading.
Course objectives
- Apply the tests for insolvency and recognise when duties shift
- Explain business rescue, the moratorium and the practitioner's role
- Assess a rescue plan and the voting that adopts it
- Navigate liquidation, the order of preference and the claims process
- Protect a creditor position through security, retention of title and set off
- Identify voidable and impeachable transactions
- Recognise where directors face liability for reckless trading
Who should attend
- Credit managers and receivables staff
- Legal and compliance professionals
- Directors and company secretaries
- Bankers and finance providers
- Accountants advising distressed businesses
Course outline
- 01When the law reorders every relationship
- 02Tests for insolvency and shifting duties
- 03Business rescue and the moratorium
- 04The rescue plan and its adoption
- 05Liquidation and the order of preference
- 06Proving and contesting claims
- 07Security, retention of title and set off
- 08Voidable transactions and reckless trading
Scheduled sessions
| Dates | Venue | Format | Price | Register |
|---|---|---|---|---|
| 30 September to 2 October 2026 | Online | Online | R6,500 per delegate | Register Now |
| 30 November to 2 December 2026 | Lusaka, Zambia | Classroom | USD 995 per delegate | Register Now |
| 25 to 27 January 2027 | Cape Town, South Africa | Classroom | R14,950 per delegate | Register Now |
| 8 to 10 March 2027 | Johannesburg, South Africa | Classroom | R14,950 per delegate | Register Now |
| 29 to 31 March 2027 | Durban, South Africa | Classroom | R14,950 per delegate | Register Now |