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Lizelle Acker

Senior Associate
Johannesburg

Lizelle Acker
Languages
English, Afrikaans
Practice Group
Finance

Lizelle Acker focuses on business rescue, as well as liquidation and sequestration related matters. Formal inquiries into the affairs of companies in liquidation and pursuing corporate recoveries by calling up suretyships form part of her day-to-day activities.

In addition, she advises corporate clients on credit and regulatory related issues. Lizelle has acted for financial institutions, including major banks, liquidators, business rescue practitioners and various corporate clients.

In business rescue scenarios she advises practitioners on all business rescue related matters, including the developing of business rescue plans and the resolution of disputed claims.

Representative experience

Advising a sub-Saharan fund management company on National Credit Act requirements.

Representing SARS in an insolvency inquiry where a close corporation and its members owed in excess of ZAR50m.

Advising the business rescue practitioners during the process of a successful business rescue of a medical waste management company.

Representing the Turnaround Management Association as amicus curiae in the landmark Diner case before the SCA concerning remuneration of business rescue practitioners.

Representing various major creditors and suppliers of Stuttafords, a major fashion retailer, in business rescue.

Acting for the business rescue practitioner of EduSciMat, assisting in settlement negotiations of various disputes and implementation of the business rescue plan.

Representing Medshield Medical Scheme in major High Court litigation arising out of liquidation of Calabash Health Solutions, which owed the scheme in excess of ZAR40m.

Education and admissions

Education

  • Certificate in Business Rescue
  • LL.B., University of Stellenbosch

Memberships

  • Committee Member of SARIPA’s New Northern Region Young Blood Committee
  • INSOL International
  • South African Restructuring and Insolvency Practitioners Association (SARIPA)

Court admissions

  • South Africa
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