A bidding war between two companies to buy out the “hopelessly insolvent” Richard’s Bay-based Tata Steel KZN has been put to bed.
Two Durban flour milling companies - Just Flour Mills and Bakhresa SA - are battling over trade secrets.
A dispute between three companies is being played out at the Durban High Court over the rights to the Playboy trademark.
A court application for the Durban company’s liquidation will see about 430 people lose their jobs.
Chemspec speeds towards liquidation following a court application in which a bank effectively called in a R74m loan.
Vijay Misra, the former chief executive of Ithala Development Corporation who was fired for his alleged role in granting unsecured loans to the politically connected, ...
The eThekwini Municipality has not backed off from its court bid to liquidate the company which runs Durban’s bus service.
Durban-based engineering giant Elgin has been put into business rescue after notching up debts of R244m.
Durban transport boss Mandla Gcaba - accused by municipal officials of running the city’s bus service into the ground - has pointed the finger back at the city. ...
The purchase of two helicopters and a catamaran and the “disappearance” of assets worth R38 million in four years are some of the issues that former Chemspec chief ...
Masstores and the Spar group are locked in a potentially precedent-setting legal battle.
Shareholders of Durban’s Audacia Manor have applied to court to liquidate the company.
Financial institutions came under fire in the Durban high court yesterday for unnecessarily “selling people’s homes from under them”.
“These standard forms are dangerous instruments in the hands of laypersons. ”
Municipality secures high court order, shutting down allegedly illegal operation.
ABSA Bank has secured an interdict against the SA Clothing and Textile Workers’ Union.
Embattled Aids nutrition company Edge to Edge Global Investments have been placed in provisional liquidation.
Strath Wood has been provisionally sequestrated and a trustee will dig into his affairs to see if he has hidden money from his creditors.
Business rescue practitioner Karl Gribnitz says he has resigned from some matters in which he was appointed to assist financially ailing companies.
The owners of an electrical business, charged with provincial contract graft worth R27 million, could lose their assets.
One of KwaZulu-Natal’s biggest construction groups, Stedone, is on the brink of financial collapse.
About 1 600 jobs are on the line following the provisional winding up of stock exchange Alt-X-listed brick manufacturer Brikor.
Former Chemspec chief executive officer Strath Wood, accused of “fleeing the country to avoid his debts” two years ago, is facing sequestration.
KZN businessman Haresh Ouderajh has accuses Woolworths of trying to bully him into relinquishing his businesses.
A multi-million rand business, founded by politically connected businessman Vivian Reddy, is now under threat of liquidation.