by Tenile Timmins | Mar 31, 2025 | Business Rescue, Business rescue plan, Post-commencement creditor
In the Mashwayi case, Arnot Opco (Pty) Ltd (“Arnot”) entered business rescue at the instance of one of its creditors Wescoal Mining (Pty) Ltd (“Wescoal Mining”). A meeting of creditors was held to adopt a business rescue plan which afforded pre- and post- commencement...
