Business Rescue Is Not a Shield from Accountability: Director and Business Rescue Practitioner Held Liable

The recent decision in PH Strydom NO v Seacrest Investment 153 (Pty) Ltd & Others (delivered on 4 June 2025) serves as a stark reminder that business rescue is not a tactical weapon and treating it as such can result in serious consequences. The applicants approached the court in terms of section 13…

https://www.polity.org.za/article/business-rescue-is-not-a-shield-from-accountability-director-and-business-rescue-practitioner-held-liable-2025-06-05