Legal Blog - Louwrens Koen Attorneys #insolvency

•  25-03-2023 05:32 PM

Rehabilitation marks the end of sequestration for an insolvent individual and releases them from all disabilities arising from the sequestration. It also discharges all debts owed by the insolvent that were due or had arisen before the sequestration. Rehabilitation is possible if specific requirements are met.

•  25-03-2023 05:15 PM

This article discusses the meaning of voluntary liquidation and its implications for businesses. Voluntary liquidation is a legal process that involves formally closing a business and distributing its assets to creditors or shareholders. The process entails several steps, such as document preparation, liquidator appointment, meetings with creditors and shareholders, claim verification, asset realization, and proceeds distribution to creditors. When a company is insolvent, meaning it cannot pay its debts, liquidation may be the only viable option.

•  18-03-2023 05:00 AM

Frequently asked questions relating to matrimonial property regimes and the registration of an antenuptial contract. Article by Louwrens Koen

•  18-03-2023 04:51 AM

Comparison table setting out the differences in matrimonial property regimes in South Africa.

•  18-03-2023 04:45 AM

If you don’t draw up an antenuptial agreement in South Africa then your marriage automatically defaults to ‘in community of property’, and the state assumes that all assets and liabilities will be shared – ‘everything which is mine is yours, and everything which is yours is mine’.