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Global Reach

Apart from offering expert legal consultancy for local jurisdictions, CMS partners up with you to effectively navigate the complexities of global business and legal environments.

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CMS South Africa
Insights
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Business Restructuring & Insolvency

Creative, practical solutions to navigate financial challenges.

Our dedicated team of business restructuring and insolvency lawyers in South Africa advise all types of stakeholders involved in, or impacted by, business restructuring and corporate business rescue and insolvency situations.

What we do

We provide pragmatic, business-focused advice and guidance to our clients. We have a strong track record of advising a broad spectrum of clients on national and cross-border restructuring, turnarounds, recoveries, insolvency and business rescue. Successfully navigating what is often a complex landscape calls for creative and bold solutions from experienced practitioners.

We understand the legal and business drivers involved when a company gets into financial difficulties, and we have the technical skills and expertise to help achieve the best possible outcome.

Our clients 

Our clients include banks, public and privately-owned companies, distressed debt funds, financial advisers, pension funds, insurance companies, turnaround specialists and boards of directors.

Seamless, integrated service

Where required, as it often is on these types of mandates, we draw upon and benefit from the experience of lawyers across wider practice areas, including litigation, real estate, corporate and commercial, mining, telecommunications, capital markets, tax, to complement our core restructuring offering.

Our services 

We assist clients with:

  • business rescue advice and related litigation
  • corporate restructuring
  • covenant amendments and refinancing
  • debt and equity recapitalisations
  • debt to equity conversions
  • debt recovery
  • distressed debt trading
  • enforcement of security and audits
  • financial restructuring of non-performing loans
  • governance matters to companies in distress
  • insolvency advice
  • insolvency enquiries
  • 155 compromises
  • lender consortium arrangements
  • post commencement finance in business rescue
  • risk management
  • schemes of arrangement
  • security reviews and enforcement
  • standstill arrangements
  • structuring new money solutions
  • viability assessments
  • voidable transactions and other insolvency litigation
     
Awards & Recognitions
01
  • Quote
    The team is experienced, efficient, well priced and professional
    Legal 500 | Banking & Finance, South Africa, 2020
  • Quote
    It is one of the shining firms that understands banking and finance law from a structuring, distressed scenario and insolvency law perspective.
    Legal 500 | Banking & Finance, South Africa, 2020
  • Quote
    As my lender counsel they carried themselves as an essential cog in the commercial discussions, which is over and above their true scope
    Legal 500 | Banking & Finance, South Africa, 2020
  • Quote
    They are very knowledgeable, efficient and professional. They specialise in corporate, commercial and banking law and have an excellent track record.
    Chambers & Partners, South Africa, 2024
  • Quote
    The firm handled complex matters with speedy turnaround, and with a good balance between the legal versus the pragmatic.
    Chambers & Partners, South Africa, 2024
  • Quote
    We were able to conclude the requisite transactions in record time, largely due to the very strong service levels of CMS.
    Chambers & Partners, South Africa, 2024
  • Quote
    Riza Moosa is an excellent and well-seasoned lawyer.
    Chambers & Partners, South Africa, 2025
  • Quote
    Riza Moosa is highly experienced and adds enormous insight to any deal.
    Chambers & Partners, South Africa, 2025
  • Quote
    Head of the firm's banking and finance practice Riza Moosa handles a range of financing and refinancing matters on behalf of borrowers, financial institutions and DFIs.
    Chambers & Partners, South Africa, Banking & Finance | Riza Moosa, Band 3, 2023
  • Quote
    Siphokazi brings in the right resources and ensures the deadlines are met. She is very practical when approaching issues.
    Chambers & Partners, South Africa, 2025
  • Quote
    I found the CMS South Africa banking team to be great at working closely with the clients to better understand their needs and providing customised legal advice solutions that enable efficient and speedy resolutions of the matters at hand.
    Legal 500, South Africa, 2025
  • Quote
    They go over and above to ensure that the client's interests are protected.
    Legal 500, South Africa, 2025
  • Quote
    It is an absolute pleasure to work with Siphokazi Kayana and the rest of the team. They are a group of capable, skilled and highly intelligent lawyers. Siphokazi is always available to provide legal guidance.
    Chambers & Partners, South Africa, 2025

Events

  • South Africa
    03 Mar 2026

    IP Insights webinar series 2026

  • South Africa
    23 Mar 2026

    CMS at PTMG Spring 2026

  • South Africa
    21 Apr 2026

    On the Pulse webinar series 2026 - Spring

Local market knowledge. Global outlook

We provide future-facing legal advice to help your organisation thrive. Combining local market knowledge and a global perspective, and with lawyers in locations worldwide, your organisation benefits from the expertise it needs, even across borders.

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