Altogether Different

Insolvency and Liquidations

 

The recent changes in the South African regulatory environment and the increasing complexity of corporate and financial structures have awakened business leaders to the risk of insolvency and the urgent need to react to this proactively especially to the small medium enterprises. TKN Inc. assists clients in proactively managing insolvency and financial exposure.  However, when insolvency is inevitable, the strategy becomes one of minimising loss, maximising returns for creditors, and developing and implementing a recovery strategy for the viable business activities. 

Our full-service offering means clients are able to find the most appopriate and cost-effective solution by having access to all business areas of the firm, ensuring timely solutions to what is often a stressful procedure.

Speciality services include: - Viability assessment, Risk management, Debt restructuring and securitization, Debt recovery, Recovery strategy, Forensic investigations, Employee fraud, Insolvency litigation and constitutional law

Our liquidation team handles a wide range of insolvency matters, including but not limited to:

  • The liquidation of companies and close corporations
  • The sequestration of individuals and partnerships
  • Negotiating and drafting of schemes of arrangement in terms of the Companies Act 
  • Commissions of inquiry 
  • Preparation of claims 
  • Court applications for liquidators