Eric Levenstein

Advised / Represented / Acted on behalf of:

• Comair Limited, its business rescue practitioners and its liquidators, in its business rescue and liquidation proceedings involving the recognition of Comair's insolvency proceedings in the US Bankruptcy Court, New York and litigation against The Boeing Company in Seattle, Washington State (USA)
• Differential Capital (Pty) Ltd in its acquisition of certain of the mining subsidiaries of Murray & Roberts Limited (in business rescue)
• The liquidators of Tupperware Southern Africa in advising on the administration of the company in its liquidation proceedings
• The Business Rescue Practitioners of Black Chrome Mine (Pty) Ltd. This was shortlisted by dealmakers for Business Rescue Transaction of the Year (2024)
• USA based individuals in the foreign recognised liquidation proceedings of Mirror Trading International (Pty) Ltd (in liquidation) ("MTI")

• Dewcrisp in the urgent application to court in terms of section 131 of the Companies Act and the drafting of the business rescue plan. This deal was shortlisted by dealmakers for Business Rescue Transaction of the Year (2023)
• The shareholder (and creditor) of Gov Chat (Pty) Ltd in its business rescue proceedings
• The provisional liquidators of the South African Post Office in its liquidation proceedings
• The business rescue practitioners of Piotrans t/a Rea Vaya, a bus rapid transit system operating in Johannesburg, South Africa
• A large group of foreign creditors (noteholders) in the business rescue proceedings of Southgold Exploration (Pty) Ltd
• A consortium of international lenders (UK) in connection with finance and restructuring advice of Lonmin (mining) and Edcon
• (retail)
• The business rescue practitioners of Optimum Coal Mine and Andalusite Mine
• The administrators of Nortel Networks (UK) (multi-national telecommunications) in a liquidation matter in respect of its South African subsidiary
• The foreign trustees of sunedison Inc in respect of the local wind-down of their South African subsidiaries
• Nedbank, a major creditor of Stuttafords (retail) in the course of its business rescue proceedings
• The directors and shareholders of South African Calcium Carbide in respect of its business rescue proceedings
• Standard Bank in respect of its exposure to CMC Ravenna (Italian)
• South African Airways and Mango Airlines SOC Ltd in Mango's business rescue proceedings
• A major foreign conglomerate in the IT industry in respect of major litigation in the South African Court
• Nedbank, Standard Bank, Sasfin Bank, Investec Bank and Absa Bank in respect of the recovery of corporate debt exposure in various financially distressed companies
• The business rescue practitioners of Basil Read, Group Five, and Consolidated Infrastructure Group (construction)
• Directors, shareholders, creditors, business rescue practitioners and liquidators on their rights in business rescue and insolvency proceedings including cross-border issues
• Foreign and local clients in respect of the effect that relevant legislation will have on securities held by such clients in various companies filing for business rescue and insolvency proceedings
• Various shareholders and directors in respect of disputes involving corporate governance and liability issues
• Numerous clients as to the impact of the insolvent trading provisions of the Companies Act on the personal liability of directors