Engineering News quotes Johannesburg lawyer, Haroon Laher, in an article on the South African business rescue system slowly maturing.
The South African business rescue system is “slowly maturing”, with an ever-growing understanding of the roles of different stakeholders, law firm Fasken partner Haroon Laher tells Engineering News Online.
Added to this is an understanding that, sometimes, the return to creditors on a cents-for-rand basis is not the “critical and most important criteria” in determining whether a business rescue is successful, he says.
