by Christelle | May 28, 2018 | Uncategorized
Businessmen seldom profit from legal intervention, as it is mostly aimed at enforcing a right you already have or collecting money you are already owed. Even if successful, the legal costs associated with enforcing such rights are rarely fully recovered, as fees...
by Christelle | May 28, 2018 | Uncategorized
With the downturn in the global economy, being only one on many challenges, receiving payment from your debtors has become a frustrating task, often leading to costly and time consuming legal process. Unfortunately there is no magic spell to invoke to make all your...
by Christelle | May 28, 2018 | Uncategorized
INTRODUCTION: Chapter 6 of the Companies Act 71 of 2008 (as amended) (“the Act”) introduced a system for rescue and recovery of financially distressed companies in a manner that seeks to balance the rights and interests of stakeholders. Section 128 of the Act defines...
by Christelle | May 28, 2018 | Uncategorized
The Voetstoots clause is an instrument commonly used by dealers of second hand vehicles. When a purchaser buys a vehicle with the inclusion of a Voetstoots clause the seller cannot be held liable for damages stemming from the purchase, even if such damages result from...
by Christelle | May 28, 2018 | Uncategorized
It is likely that every employer is required to take disciplinary action against an employee, at least at some stage. Such disciplinary action might lead to the termination of the employee’s service. It remains imperative to comply with the provisions as set out in...