Lender liability and fault for deepening insolvency: A comparative analysis

Date

Authors

Publisher

Tydskrif vir die Suid-Afrikaanse Reg

Keywords

Approaching insolvency will undoubtedly require the directors to consider whether an extension to existing finance or new finance is an option, In many legal systems, lenders will have no liability provided they lend prudently and in line with rules set by those regulatory and oversight bodies, the focus is more on regulating access to lending and encouraging prudential behaviour on the part of debtors and creditors with respect to risk–taking

Citation

2015 TSAR 39

URI

http://hdl.handle.net/20.500.12144/37245

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