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Eric Levenstein

Eric Levenstein is a senior director in the business rescue and restructuring practice at Werksmans, a South African law firm. He is based in Johannesburg and specialises in insolvency law, business rescue, liquidation and sequestration matters. Levenstein has extensive experience advising clients on corporate restructuring and distressed business situations under South African insolvency legislation. He regularly appears before the High Court in Gauteng, including the Pretoria High Court, on matters relating to corporate insolvency and rescue proceedings. His practice encompasses both contentious and non-contentious aspects of insolvency, including advising creditors, debtors and business rescue practitioners. Levenstein is recognised in the South African legal market for his expertise in navigating complex insolvency and restructuring transactions. He has been involved in numerous high-profile business rescue and liquidation cases across various sectors of the South African economy. His work often involves balancing the interests of multiple stakeholders in financially distressed situations, including creditors, employees and shareholders.

Eric Levenstein Updates

“Corporate Death by Winding-Up”: Pretoria High Court Reaffirms the Badenhorst Principle

“Corporate Death by Winding-Up”: Pretoria High Court Reaffirms the Badenhorst Principle

11th May 2026 A recent judgment handed down by Nyathi J in Maralco Business Advisors CC t/a Maralco Plant Services v GMK Civils Proprietary Limited, serves as an... 

Werksmans

Business Rescue Applications Under Scrutiny: business rescue orders are not there for the taking!

20th April 2026 This article considers the recent decision in Trustees, Inkwazi Trust v Skema Holdings (Pty) Ltd and its implications for business rescue... 

Werksmans

Business Rescue at the Crossroads: When Creditors Draw the Line

8th April 2026 In a restructuring environment often shaped by urgency and commercial pressure, the recent judgment in Tamela Mezzanine Debt Fund I Partnership v... 

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Werksmans

When Fuel Costs Become the Inflection Point

31st March 2026 Rising fuel prices are once again dominating economic commentary in South Africa. Business Day reports that the JSE just had its worst month since... 

Werksmans

Navigating the Distressed Horizon – Restructuring South African Businesses in 2026

30th January 2026 Looking ahead to 2026, restructuring of businesses are set to increase as continued pressures brought about by tough trading conditions continue to... 

Werksmans

The Introduction of a Dedicated Insolvency Court in Pretoria

20th January 2026 Following the great success of the pilot dedicated Insolvency Court in Johannesburg, and after deliberations with specialist insolvency... 

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