Latest research: Turnaround Management and Business Rescue

Small Business Distress

du Toit, A.C., Pretorius, M. and Rosslyn-Smith, W., 2019. Small, medium and micro-enterprises’ distress and factual evaluation of rescue feasibility.
Boraine, A. and van Wyk, J., 2015. Various Aspects to Consider with Regard to Special Insolvency Rules for Small and Medium‐Sized Enterprises in South Africa. International Insolvency Review, 24(3), pp.228-246.

Business rescue plans

Pretorius, M. and Rosslyn-Smith, W., 2014. Expectations of a business rescue plan: international directives for Chapter 6 implementation.
Rosslyn-Smith, W. and Pretorius, M., 2015. Stakeholder expectations of the business rescue plan from a South African perspective.

Business rescue practitioners

Pretorius, M., 2013. Tasks and activities of the business rescue practitioner: A strategy as practice approach.
Pretorius, M., 2014. A competency framework for the business rescue practitioner profession.
Pretorius, M., 2016. The debtor-friendly fallacy in business rescue: Agency theory moderation and quasi relationships.
Pretorius, M., 2018. A framework for turnaround practitioners to assess reasonable prospect for ventures operating in the zone of insolvency.

Decision making

Pretorius, M. 2018. Business rescue decision-making: Post-mortem evaluation of an ‘orgy’.
Burke-le Roux, A. and Pretorius, M., 2017. Exploring entrepreneurial learning during formal business rescue processes: Insights from the South African experience.
Pretorius, M. and Holtzhauzen, G., 2013. Business rescue decision making through verifier determinants-ask the specialists.


Mkhondo, R.S. and Pretorius, M., 2017. Funding structures in business reorganisations: locating the role of pre-packaging as a restructuring tool.
Mkhondo, S. and Pretorius, M., 2017. Pre-packaged applications in business reorganisations: International principles.

Post-commencement financing

Pretorius, M. and Du Preez, W., 2013. Constraints on decision making regarding post-commencement finance in business rescue.

Commencement standard

Rosslyn-Smith, W., De Abreu, N.V.A. and Pretorius, M., 2020. Exploring the indirect costs of a firm in business rescue.
Rosslyn-Smith, W. and Pretorius, M., 2018. A liabilities approach to the likelihood of liquidation in business rescue.


Fairhurst, K.J. and Pretorius, M., 2019. Boundaries within boundaries: Identifying the boundaries facing private firms that are in financial distress.
Bradstreet, R.S., Pretorius, M. and Mindlin, P., 2015. The wolf in sheep’s clothing–when debtor-friendly is creditor-friendly: South Africa’s business rescue and alternatives learned from the United States’ chapter 11.
Pretorius, M. and Holtzhauzen, G.T.D., 2008. Critical variables of venture turnarounds: A liabilities approach.


Boraine, A., 2020. Formal Debt-Relief, Rescue and Liquidation Options for External Companies in South Africa. BRICS Law Journal, 7(4), pp.85-126.
Boraine, A., Evans, R.G., Roestoff, M. and Steyn, L., 2018. The pro-creditor approach in South African insolvency law and the possible impact of the constitution.
Published by Nonkululeko Kubeka Moyo

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