Impact of labour law on South Africa’s new corporate rescue mechanism

Show simple item record Joubert, Tronel Van Eck, B.P.S. (Stefan) Burdette, D.A. 2016-11-02T08:52:01Z 2016-11-02T08:52:01Z 2011
dc.description.abstract South Africa’s recently enacted Companies Act introduces a new business rescue mechanism. Corporate rescue has the aim of resuscitating faltering companies. The legal disciplines of labour, insolvency and corporate law interact during business rescue proceedings. In this contribution the question is posed whether an appropriate balance is being struck between employees’ and creditors’ interests in this business rescue mechanism. The investigation is done against the background of ILO and EU standards and South Africa’s labour and insolvency law frameworks. The conclusion is drawn that the potential success that this rescue mechanism may hold could be eroded due to the over-protection of employees in the model adopted by South Africa. en_ZA
dc.description.department Mercantile Law en_ZA
dc.description.librarian hb2016 en_ZA
dc.description.uri en_ZA
dc.identifier.citation Joubert, T, Van Eck, BPS & Burdette, DA 2011,'Impact of Labour Law on South Africa’s new corporate rescue mechanism', The International Journal of Comparative Labour Law and Industrial Relations, vol. 27, no. 1, pp. 65-84. en_ZA
dc.identifier.issn 0952-617X
dc.language.iso en en_ZA
dc.publisher Kluwer Law International en_ZA
dc.rights © 2011 Kluwer Law International. All Rights Reserved. en_ZA
dc.subject Companies Act en_ZA
dc.subject Corporate rescue en_ZA
dc.subject Business rescue en_ZA
dc.subject Employees' interests en_ZA
dc.subject Creditors' interests en_ZA
dc.subject International Labour Organization (ILO) standards en_ZA
dc.subject European Union (EU) standards en_ZA
dc.subject South African labour law en_ZA
dc.subject South African insolvency law en_ZA
dc.subject South African corporate law en_ZA
dc.title Impact of labour law on South Africa’s new corporate rescue mechanism en_ZA
dc.type Postprint Article en_ZA

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