Well respected for his considerable experience and in-depth knowledge of corporate restructuring and insolvency, Haroon Laher regularly advises banks and financial institutions, as well as creditors, insolvency practitioners and business rescue and turnaround practitioners, in corporate restructuring, turnaround and insolvency issues. His experience covers a broad range of industry sectors, which include energy, mining and commodities, telecommunications, retail and agriculture.
Haroon represents business rescue practitioners, and secured and unsecured creditors in formal business rescue proceedings in South Africa. Having lectured on insolvency and business rescue at universities, he also regularly publishes articles on these topics.
As the Vice-Chairperson of the South Africa Restructuring and Insolvency Practitioners Association (SARIPA), Haroon is a dedicated and active board member.
He also currently lectures on insolvency and business rescue to Bachelor of Law students at the University of the Witwatersrand and is also a co-lecturer in the SARIPA programme in Insolvency Law and Practice offered in conjunction with the University of Pretoria.
Haroon wrote a chapter on Insolvency Law in the publication entitled South African Corporate Business Administration.
He served as director of Fountainhead Property Trust (a listed REIT) for several years, and oversaw Redefine's acquisition of Fountainhead's property portfolio and the de-listing of Fountainhead from the Johannesburg Securities Exchange.
Haroon is the chairman of the Ombudsman for Short-term Insurance (OSTI), an organisation that provides insurance consumers and policyholders with a free, fast, efficient and fair dispute resolution mechanism. OSTI will soon be merging with the Ombudsman for Long-term Insurance (OLTI), with the creation of a single Insurance Ombudsman office in South Africa.
