Insolvency Expertise on show at South African conference

While in South Africa, Professor David Burdette, Director of the Centre for Business and Insolvency Law at Nottingham Law School, addressed a conference at the University of Pretoria on 31 August 2016.

While in South Africa recently, Professor David Burdette, Director of the Centre for Business and Insolvency Law at Nottingham Law School, addressed a conference at the University of Pretoria on 31 August 2016. The event, organised by the Faculty of Economic and Management Sciences at the University of Pretoria, was held at its Hatfield campus, where Professor Burdette also holds an appointment as Extraordinary (Visiting) Professor. The focus of the event was on the experience in South Africa since the introduction of Business Rescue in the Companies Act 2008, which is still a very topical debate in that country given that the survival of business and, particularly, associated employment, are issues of great concern. Professor Burdette, an expert on South African corporate insolvency law, led one of two panels debating alternative views on the efficacy of the 2008 legislation and whether it affords an effective alternative to the liquidation of insolvent enterprises.

While in Pretoria, Professor Burdette was also able to attend the graduation of Dr Eric Levenstein on 2 September. Dr Levenstein, who is a practitioner of some renown in Johannesburg and South Africa, completed his LLD thesis under the guidance of Professor André Boraine (Dean of the Faculty of Law at the University of Pretoria) and Professor Harry Rajak (Emeritus Professor, University of Sussex). His project, for which Professor Burdette was the internal examiner, was titled "An appraisal of the new South African Business Rescue procedure". The conclusions of the account tied in clearly with the themes of the conference, demonstrating that the legislation, while progressive, still has some way to go to fully instil a rescue culture in South Africa.

The Centre for Business and Insolvency Law, which has gained a reputation worldwide for the promotion of research and teaching in insolvency, sees it as part of its mission to reach out to academics, practitioners and the judicial community in Africa. This demonstrates the breadth and depth of the centre's commitment to foster critical thinking in insolvency and business matters within the insolvency community worldwide and, in particular, to encourage the development of insolvency laws in emerging and developing economies.

Insolvency Expertise on show at South African conference

Published on 19 September 2016
  • Category: Nottingham Law School

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