News & Articles
UNDERSTANDING DELINQUENCY AND PROBATION ORDERS FOR DIRECTORS IN SOUTH AFRICA
In South African business law, the spectre of director delinquency looms large, posing a formidable challenge to the integrity and sustainability of corporate governance. The Companies Act has provisioned stringent measures to guard against malfeasance, allowing for...
UNDERSTANDING THE MERGERS & ACQUISITIONS PROCESS IN SOUTH AFRICA
Traditionally, M&A transactions comprise various phases, involving a prospective buyer conducting a due diligence on a target company; price and transaction structure negotiations; and the conclusion of a definitive purchase agreement. An M&A transaction can...
MASTERING CONTRACT MANAGEMENT WITH THE PRECISION OF THE SPRINGBOKS
In the thrilling and unforgettable 2023 Rugby World Cup Final, the Springboks once again captured the hearts of a nation, clinching a memorable victory against all odds. Their triumph wasn't just a product of skill and passion; it was the result of meticulous...
STEERING TOWARDS SECURE DEALS
Mastering Contractual Safeguards Initiating new business ventures often commences with the establishment of contractual relationships. For business owners and managers, this phase is pivotal. It's not merely about putting pen to paper; it's about fostering trust and...
CHART SUCCESS IN 2024: ESSENTIAL RESOLUTIONS FOR SOUTH AFRICAN BUSINESSES
New Year's resolutions often end up on the "oops, maybe next year" list, mostly because we tend to shoot for the moon with overly ambitious goals, then lose our space suits by February. There's also a bit of a bandwagon effect, where we jump on board because everyone...
QUALITY OF VEHICLES AND COMPONENTS IN THE RETAIL MOTOR INDUSTRY IN SOUTH AFRICA: LEGISLATION AND CONSUMER RIGHTS
Retail motor businesses in South Africa can be subject to claims from consumers who allege that the vehicles or components they have purchased are defective. This is because consumers have several rights under South African law, including the right to receive goods of...
REV UP YOUR DATA PROTECTION: WHY THE AUTOMOBILE INDUSTRY CAN’T AFFORD TO STALL ON POPI ACT COMPLIANCE
The recent enforcement notice issued to Dis-Chem Pharmacies serves as a stark reminder of the importance of adhering to the Protection of Personal Information Act (POPI Act). Especially, businesses in the automobile and related industries should take note of this...
Important considerations when drafting Sale of Shares Agreements
Advising clients on important legal considerations when drafting Sale of Shares Agreements The purchase and sale of shares in a private profit company can be disastrous if the parties involved failed to address all the relevant legal implications that may be...
THUMBS UP OR THUMBS DOWN? THE BINDING NATURE OF THE USE OF ‘EMOJIS’ IN SOUTH AFRICAN CONTRACT LAW
In a recent Canadian court decision, the court found that the use of a universal symbol can affirm that a person is officially entering into a contract. In this instance the party confirmed his willingness to be bound to an agreement with the use of the “Thumbs-up”...
WRITING A WILL AND CHOOSING THE RIGHT EXECUTOR
Your Last Will and Testament is one of the most crucial documents that you will ever sign during your lifetime, irrespective of your personal or business circumstances and the estate planning that relates thereto. A Will is a legal statement that details who will...