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Time
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Speaker
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Material
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Understanding the business rescue or compromise offer environment
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8h00
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Arrival and registration (Tea and pastries served)
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8h30
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Introduction and welcome
|
Robert
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8h45
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Understanding the logic used in writing the Act
|
Karl
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In this session we look at how one word, in a very long sentence, has a fundamental influence on what should be or could be done.
The attendees each receive a copy of the book which will be used as the guide throughout the training course.
You will learn how to access the book and find any information pertaining to Business Rescue or Compromise Offers in the book or the web-site.
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G&A methodology on Business Rescue and Compromise offers
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9h00
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Discussing the phases and parties of Business Rescue and Compromises
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Karl
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What is a Business Rescue and what is a Compromise Offer, how does it come about and how is implemented.
Based on the analysis of the authors, we will discuss the roles of the various parties and what the various phases are during a Business Rescue and compare this to Compromise Offers.
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10h15
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Tea with snacks
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10h30
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Role of the Affected parties during Business Rescue
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Karl
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We discuss that the role of Shareholders, Creditors and Employees should be during Business Rescue and how to approach a Business Rescue.
Based on our empirical research findings, we explain to you what your rights are and what the likely outcome will be during the Business Rescue if you take certain actions during a Business Rescue or a Compromise Offer.
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The role of affected parties during business rescue proceedings
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11h15
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The role of the practitioner during Business Rescue
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Karl
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We look at the issues that a business rescue practitioner will encounter during a business rescue proceeding, how to deal with time and resources and manage risk.
We also look at the risks in managing a business rescue practise and how these issues impact the managing of actual business rescues.
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The risk, role and responsibility of business rescue practitioners
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12h45
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Lunch (provided)
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Critical elements which must be present during business rescue
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13h45
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The role of dates and notices during the Business Rescue proceedings and Compromise Offers
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Karl
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We discuss the critical dates in terms of which certain actions have to take place and on which dates the information in a Business Rescue plan should be presented.
We also discuss the how notices must be served and what should be contained in those notices.
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13h45
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The role of dates and notices during the Business Rescue proceedings and Compromise Offers
|
Karl
|
|
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We discuss the critical dates in terms of which certain actions have to take place and on which dates the information in a Business Rescue plan should be presented.
We also discuss the how notices must be served and what should be contained in those notices.
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14h30
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The role of finance during Business Rescue
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Karl
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What financing elements must be present during a Business Rescue;
how post commencement finance works in terms of suppliers and funders; and, what are risks associated with post commencement finance.
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Role of post commencement finance
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15h15
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Tea with snacks
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15h30
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How does the courts view business rescue?
|
Robert
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We discuss how our case law search engine works, and give a summary of the most controversial and newest views by the Courts.
We highlight which cases you should take note of when dealing with Business Rescue and Compromise Offers.
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Access to our case law on the website
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16h10
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Closing and summary
|
Robert
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