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South Africa decisions
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Fleming and Another v PSV Holdings Ltd and Others (16217/2022) [2024] ZAGPJHC 170 (22 February 2024)
The High Court terminated PSV Holdings’ business rescue and placed it into final winding-up after finding DNG’s recapitalisation proposal was not bona fide.
Nedbank Ltd / Investec Ltd / Hosken Consolidated Investments Ltd and IQ Business Group (Pty) Ltd (64/LM/Aug04) [2004] ZACT 70 (28 October 2004)
The Competition Tribunal unconditionally approved Nedbank, Investec and HCI’s recapitalisation of IQ Business Group, finding no substantial lessening of competition or public interest concerns.
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