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Investors may receive a fraction of their original HS investments

Investors may receive a fraction of their original HS investments

2 Dec 2019 /  Ryk van Niekerk   18
An unnamed ‘third party’ will make an offer to settle investors' claims against Orthotouch and Zephan with Accelerate shares.
Another blow for Georgiou

Another blow for Georgiou

29 Nov 2019 /  Ryk van Niekerk   25
SCA dismisses an appeal against a high court decision ordering him to honour an HS buyback agreement.
Orthotouch BRP aims to negotiate a ‘concrete’ offer for investors

Orthotouch BRP aims to negotiate a ‘concrete’ offer for investors

27 Nov 2019 /  Ryk van Niekerk   11
Minimal assets remain in Orthotouch and Zephan and the companies seem hopelessly insolvent.
My notes were used as toilet paper – Porritt

My notes were used as toilet paper – Porritt

26 Nov 2019 /  Moneyweb    15
Spilg to end cross-examination of Milne if necessary.
Mike Bolhuis enters the Orthotouch fray

Mike Bolhuis enters the Orthotouch fray

22 Nov 2019 /  Ryk van Niekerk   9
Endorses 25% Accelerate settlement offer despite it meaning that investors would be destined to receive less than 10% of their original investments.
deVere’s backtrack on Kellermann

deVere’s backtrack on Kellermann

13 Nov 2019 /  Patrick Cairns   11
The firm's role in the 'Belvedere' story comes under scrutiny.
Georgiou puts Orthotouch and Zephan into business rescue

Georgiou puts Orthotouch and Zephan into business rescue

11 Nov 2019 /  Ryk van Niekerk   24
Class action certification hearing starts on Monday.
SA regulator clears Cobus Kellermann of any wrongdoing

SA regulator clears Cobus Kellermann of any wrongdoing

6 Nov 2019 /  Patrick Cairns   9
Confirms that its investigations found no breaches of the law.
Tigon judge to consider recusal

Tigon judge to consider recusal

6 Nov 2019 /  Moneyweb    11
Porritt and Bennett 'are playing the system' – judge.
Regulator to seek action against ‘share trading’ software companies

Regulator to seek action against ‘share trading’ software companies

31 Oct 2019 /  Patrick Cairns   15
Consumer body says it has finalised some of its investigations.
The dark underbelly of the business rescue industry

The dark underbelly of the business rescue industry

22 Oct 2019 /  Ryk van Niekerk   25
Section 417 report makes stark findings against business rescue practitioner Hans Klopper and corporate lawyer Connie Myburgh.
‘Guilt without trial ’ – Klopper

‘Guilt without trial ’ – Klopper

22 Oct 2019 /  Ryk van Niekerk    54
Business rescue practitioner harshly criticises Section 417 report.
Can Third Circle investors expect to get any money back?

Can Third Circle investors expect to get any money back?

16 Oct 2019 /  Patrick Cairns   11
The fine imposed by the regulator will not be used to compensate them.
Nova board sidesteps disclosure obligations

Nova board sidesteps disclosure obligations

UPDATE
16 Oct 2019 /  Ryk van Niekerk   14
The board claims the resignation of Derek Cohen as trustee of the Nova Debenture Trust was 'unlawful'.
MetCI disputes that it was reckless in Third Circle case

MetCI disputes that it was reckless in Third Circle case

3 Oct 2019 /  Patrick Cairns   3
After regulator levies R100m fine over fund that lost 66% in two days.

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