Pierre Berrangé and Eugene Nel have accepted several Receivership appointments to deal with the dissolution of partnerships and the liquidation of partnership assets in partnerships including partnership disputes.  They have also acted as Receivers in divorces where the parties are unable to agree on the division of the assets. 

 

Pierre and Eugene have a wealth of experience where they have been appointed in terms of Section 155 of the Companies Act as a Receiver, irrespective of whether a Company is financially distressed or not.  Either the Board of the Company or the Liquidator may propose an arrangement or a compromise of its financial obligations to all of its Creditors, which process is administered by the Receiver.