About

Provided by ENS

ENSafrica’s dedicated insolvency and restructuring team focuses on minimising loss, maximising returns and assisting clients throughout Africa to proactively manage financial risk and exposure.

When insolvency is inevitable, we have the expertise to develop and implement effective recovery strategies for viable business activities, and to maximise returns for creditors.

As a result, we have acted in many complex cross-border insolvencies and restructurings, and have been called in to assist in most major corporate collapses and restructurings in Africa.

We are at the cutting edge of developing insolvency and business rescue law in Africa, and have been involved in the most prestigious and important matters since the introduction of business rescue, playing a significant role in procuring successful results in this regard.

Recent work highlights:

  • Highly complex restructuring of the Edcon Group (with stores in Botswana, Ghana, Lesotho, Namibia, South Africa and Zimbabwe), involving South African banks, London-based lenders and New York-based financial creditors.
  • ZAR22-billion recovered from the Steinhoff Group within five months for Absa Bank, China Construction Bank, Citibank South Africa, Depfin Investments, HSBC Bank South Africa, Investec Bank, iNguza Investments, Nedbank, Old Mutual, Rand Merchant Bank, Rapvest, Standard Bank of South Africa and Standard Chartered Bank.


Ranked Lawyers at
ENS

Provided by Chambers
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Band

South Africa

Restructuring/Insolvency

Paul Winer
S
Paul Winer
S
Senior Statespeople
Leonard Katz
E
Leonard Katz
E
Eminent Practitioners
Gary Oertel
1
Gary Oertel
1
Band 1
Ntlhane Makena
4
Ntlhane Makena
4
Band 4

Members

Provided by ENS

Adam Lombard

Andre Symington

Leonard Katz

Leonard Katz

Head of Department

Lisa Melis