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

dc.contributor.authorJoubert, Tronel
dc.contributor.authorVan Eck, B.P.S. (Stefan)
dc.contributor.authorBurdette, D.A.
dc.contributor.emailstefan.vaneck@up.ac.zaen_ZA
dc.date.accessioned2016-11-02T08:52:01Z
dc.date.available2016-11-02T08:52:01Z
dc.date.issued2011
dc.description.abstractSouth 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.departmentMercantile Lawen_ZA
dc.description.librarianhb2016en_ZA
dc.description.urihttp://www.kluwerlawonline.com/ijclen_ZA
dc.identifier.citationJoubert, 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.issn0952-617X
dc.identifier.urihttp://hdl.handle.net/2263/57624
dc.language.isoenen_ZA
dc.publisherKluwer Law Internationalen_ZA
dc.rights© 2011 Kluwer Law International. All Rights Reserved.en_ZA
dc.subjectCompanies Acten_ZA
dc.subjectCorporate rescueen_ZA
dc.subjectBusiness rescueen_ZA
dc.subjectEmployees' interestsen_ZA
dc.subjectCreditors' interestsen_ZA
dc.subjectInternational Labour Organization (ILO) standardsen_ZA
dc.subjectEuropean Union (EU) standardsen_ZA
dc.subjectSouth African labour lawen_ZA
dc.subjectSouth African insolvency lawen_ZA
dc.subjectSouth African corporate lawen_ZA
dc.titleImpact of labour law on South Africa’s new corporate rescue mechanismen_ZA
dc.typePostprint Articleen_ZA

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