by Christelle | May 19, 2021 | Uncategorized
The idiom, “never throw good money after bad” comes to mind when a creditor considers litigation proceedings against a debtor. Before committing resources to recover debt, the creditor should always consider whether the debtor has the necessary funds to repay the...
by Christelle | May 13, 2021 | Uncategorized
A share repurchase agreement is used when a company buys its shares back from one or more of its shareholders or investors. The buyback is also a tax-efficient way to return money to shareholders. Once shares are repurchased they are considered cancelled, but...
by Christelle | May 13, 2021 | Uncategorized
Section 56 (2) of the Consumer Protection Act, No 68 of 2008 reads as follows: “Within six months after the delivery of any goods to a consumer, the consumer may return the goods to the supplier, without penalty, and at the supplier’s risk and expense, if the goods...
by Christelle | May 13, 2021 | Uncategorized
WHEN NOT TO INSTITUTE LIQUIDATION PROCEEDINGS AGAINST A CREDITOR. When a company is unable to pay its ordinary day-to-day liabilities, it would generally be considered insolvent.. It would be tempting to action liquidation proceedings against the debtor, but our...
by Christelle | Jan 15, 2021 | Uncategorized
By Gabriel Smit Settlement agreements are a useful alternative to settling a dispute between parties without resorting to litigation or adjudication by a Court. Even if a process of litigation has commenced, the parties can settle the dispute between them before any...
by Christelle | Sep 9, 2020 | Uncategorized
The current continued climate of economic uncertainty, exacerbated by COVID-19 lockdowns, is likely to give rise to an increase in shareholder activism and potential disputes. Any dramatic reduction in the value of company shares will always be of concern to...
