Hockly’s Law of Insolvency: Winding-up and Business Rescue (10th Edition)

Master the modern landscape of South African insolvency. Hockly’s Law of Insolvency has been the gold standard for over 80 years, and this 10th Edition marks its most significant update yet. Renamed to reflect its deep dive into Business Rescue and Winding-up, this text is indispensable for anyone navigating the legalities of financial distress, from individual sequestration to complex corporate restructuring. It is a core prescribed text for modules like MRL3701 (UNISA) and advanced Mercantile Law studies.

Why the 10th Edition is a Career-Defining Resource:

• New Business Rescue Content: Now features three dedicated chapters on business rescue proceedings and a separate chapter on company compromises with creditors.

• Updated Case Law: Summarizes a decade of developments, including landmark decisions from the Constitutional Court and Supreme Court of Appeal.

• Visual Learning Aids: Includes new diagrams and timelines specifically designed to help students analyze complicated facts and legal provisions.

• Modernized Structure: Features a rearranged chapter on uncompleted contracts using a “pigeonholing” approach for easier practical application.

Key Topics Covered:

• Sequestration Procedures: Detailed guides on voluntary surrender and compulsory sequestration.

• The Solvent Spouse: Understanding the vesting of assets and legal protections under Section 21.

• Impeachable Dispositions: Identifying and challenging voidable preferences and collusive dealings.

• Liquidation & Winding-up: Comprehensive coverage for both companies and close corporations.

• Cross-Border Insolvency: Navigating international asset recovery and jurisdictional challenges.

Key Specifications:

• ISBN-13: 9781485140276

• Authors: Alastair Smith, Kathleen van der Linde, and Juanitta Calitz

• Publisher: Juta and Company Ltd

• Edition: 10th Edition (2022)

• Format: Physical Softcover