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Cox Yeats has secured a landmark victory in the Supreme Court of Appeal (SCA), which has delivered a precedent-setting judgement providing long-awaited clarity on the treatment of cross cross-border insolvency matters in South Africa. Handed down on 23 March 2026 in Scheer v Wagner N.O. & Others (Case No. 1109/2024) [2026] ZASCA 32, the ruling […]
Cox Yeats has been recognised in the Chambers & Partners 2026 rankings as a Leading Firm, reflecting our continued strength across key practice areas and our growing standing in the South African legal market. The 2026 results include improved firm rankings in both Insurance and Restructuring & Insolvency, alongside continued recognition for the firm’s established […]
Cox Yeats has been honoured in the 17th edition of the Best Lawyers in South Africa, with lawyers from across its national offices recognised for their outstanding expertise. This achievement highlights the firm’s depth of specialist expertise and its ongoing commitment to delivering high-calibre legal counsel across key practice areas. It also underscores the professional […]
Business rescue in South Africa has evolved from a “last resort before liquidation” into a vital mechanism for companies facing financial distress. In this interview, Gareth Cremen, Partner at Cox Yeats Attorneys, shares practical insights on: How the Companies Act reshaped the landscape Lessons from high-profile cases such as Edcon, Comair, and Mango Airlines Red […]
What are the early signs of business distress? Why do some companies collapse while others recover? In this insightful interview, Gareth Cremen breaks down: · The warning signs business owners often ignore · The three paths available: liquidation, business rescue, or informal workouts · Why South Africa leads Africa in business rescue legislation and how others like Zimbabwe […]
“Not every company is a candidate for business rescue, but in the case of Daybreak Foods, there was no alternative,” says Gareth, Business Rescue & Restructuring Partner. In this interview, Gareth unpacks the legal, operational, and human impact behind the high-profile business rescue of Daybreak Foods, from preserving jobs to securing R1.7 billion in funding […]
In Mashwayi Projects (Pty) Ltd and Others v Wescoal (Pty) Ltd and Others (1157/2023) [2025] ZASCA 5 (29 January 2025), the Supreme Court of Appeal (SCA) ruled that post- commencement creditors, as stakeholders, are entitled to equal protection under section 7(k) of the Companies Act (Act) and, as such, have the right to vote on […]
In a case decided by Acting Judge De Wet (De Wet AJ), the South African courts faced the question of recognising a foreign trustee's authority in cross-border insolvency matters. This was unpacked in Wagner N.O v Gijsbers N.O and Others (20876/19) [2024] ZAWCHC 155. This complex matter revolved around the interplay of international comity, convenience, […]
Cox Yeats is proud to announce its recognition in the prestigious 2025 Chambers Global Rankings, underscoring the firm's commitment to delivering exceptional legal services across various practice areas. Shipping – Band 3 Our vast knowledge of maritime law is demonstrated by our Shipping department's Band 3 ranking. The team is known for its proficiency in […]
Over the past year, various courts have dealt with liquidation cases where a company requests a liquidation order against another under the guise of recovering a debt that is owed. This is not a valid reason for granting a liquidation order on its own and is often scrutinised heavily by courts during the application process. […]