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Search Tag: Business rescue

Shoeperama in business rescue
Durban, KZN, SA – Mini-chain Dened cc, which trades as Shoeperama, was placed in Business Rescue on March 19, according to a circular last week from business rescue practitioner Neil Button of Stowell Estate Administration Trust in Pietermaritzburg. Commenting to the Newsletter last October, Dened member Ed ...more
Stuttafords: Rescue plan approved
Johannesburg (SA) – The amended business rescue plan was voted and approved by Creditors and Shareholders last Wednesday so we are in the process of implementing the said plan which we envisage will be finalised by mid to end April. – [+27 (0)21 818 5074, Neil.Miller@mazars.co.za] ...more
Stuttafords: Mixed reception for consignment plan
Johannesburg (SA) – Stuttafords’ creditors will meet next Monday to hear progress on efforts to rescue the company. In the meantime, they’re being encouraged by business rescue practitioners Neil Miller and John Evans of Mazars to accept 1 of 2 alternative plans to restock the company: a consignment agreement, or an ag ...more

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