Business Rescue, a legally squatting tenant?

In this morning’s TPN Legal Training, we unpacked the impact of the business rescue process on commercial and residential landlords with our guest Ofentse Motshudi from Fullard Mayer Morrison Inc.
Landlords are faced with eroding rights, whilst navigating the increased complexity of a process designed to empower tenants to legally ‘restructure’ their creditors when times get tough. Where does this leave landlords and their ever important suretyships?
We also took a closer look at the full business rescue process and the remedies available to landlords to reduce exposure and minimise risk. The recent spike in ‘big-box’ occupiers opting for business rescue, leaves the market exposed to potential process abuse.
As always, we answered the most pressing questions for our commercial and residential landlords!

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