Historically the firm’s focus has been on insolvencies and liquidations, with the result that the directors and staff can be considered experts, at the forefront of their field.
The firm practices throughout South Africa and the firm has cross-border experience in bankruptcy related matters. Eugene Nel is on the panel of liquidators in Mauritius.
The firm’s expertise and experience in the insolvency field is often used by financial institutions and individuals to assist in making elections on whether to liquidate or to propose and implement a corporate recovery. The firm’s services have also been retained by banking institutions to advise them on the liquidation process.
This entire division is geared to provide a speedy and efficient service to all creditors throughout the winding up process. All its members of staff in the division deal with insolvency related matters all the time and as such, understand the process and the needs of creditors. Although the firm’s Directors are all lawyers, the firm has the internal services of a competent accounting team who work in conjunction with the liquidators. The liquidators work in teams so that there is always continuity, backup and more than one person is available to answer queries.
Since inception the firm has been involved in the winding-up of no less than 18 companies listed on the Johannesburg Stock Exchange. The firm’s policy is to specialise in larger matters which it has done successfully and can readily state that it has handled most of the large liquidation matters in KwaZulu-Natal. This firm has the qualifications, staff and capacity to handle the workload associated with the liquidation process.
MEET THE TEAM
The insolvency division has 4 qualified liquidators, 2 of whom have extensive business rescue experience, 2 accountants, 3 administrators as well as a full compliment of secretarial staff which ensures continuity and an ability to provide unlimited resources to a matter.
The 3 directors, Pierre Berrangé, Eugene Nel and Naven Moodley are ably assisted by their team.
Shayne graduated with a BCompt degree from Unisa in 1995 whilst completing his articles of clerkship at Deloite and Touche. Thereafter he expanded his accounting career in the United Kingdom. On his return to South Africa in 1998, he chose to focus his accounting expertise in insolvency related matters. Shayne is experienced in trading large businesses through the insolvency process and performing forensic accounting functions.
Varusha holds a Bachelor of Business Administration, AIPSA Diploma in Insolvency Law & Practice as well as a Diploma in Financial Accounting. Her career has focused on the accounting side of Insolvencies and Liquidations since 2010. She is also a registered Tax Practitioner with the South African Revenue Service.
Selene has been employed as an administrator in insolvencies and liquidations for 8 years and has extensive knowledge in banking administration. Selene has obtained her SARIPA certificate in Insolvency Law and Practice in 2017.
Taryn holds an AIPSA Diploma in Insolvency Law & Practice. She has 20 years experience in insolvencies and liquidations, and has focused her career on dealing with all aspects of the administration process involved in insolvencies and liquidations. She is a member of the Master’s National Panel of Liquidators.
Kerry provides the administrative back up to the Directors.
Themby is almost exclusively involved in the claims process from the outset, including the convening and preparation of meetings and Enquiries.