Draft Companies Act Amendment Bill released for comment
The long awaited Companies Act Amendment Bill of 2018 which aims to amend the Companies Act 2008 and is expected to clear up some of the unintended consequences that followed the 2011 Amendment, has been released for comment. The Draft Amendment Bill was released by...
Knowing a few legal concepts can save you time and money
Application or Action - know the difference You are not alone if you’ve found yourself caught dumbfounded in the middle of legal-talk between attorneys, simply nodding your head in agreement, quietly hoping things are going your way. Attorneys (like poets) are...
B-BBEE Fronting is a criminal offence and how to report it
“Fronting” in Broad-Based Black Economic Empowerment deals has recently found itself in the courts as Gauteng High Court Judge Ellem Francis handed down judgment on a case involving the Passenger Rail Agency of SA (PRASA) and Swifambo Rail Agency (Pty) Ltd. The court...
As a business, what should you do to deal with public liability claims?
You own a business and you put a sign up saying, “Park at your own risk” – which effectively amounts to a ‘contract’ – simply put, you are saying that anyone can enter your premises on that basis - if they don’t want to then they shouldn’t enter - and that you are not...
The importance of independent trustees in a family business trust
The importance of independent trustees in a family business trust A family business trust is one where the trustees are beneficiaries of the trust and the beneficiaries are related to each other. It has become common practice to use inter vivos family trusts as...
Check your zoning rights before buying a residential property for business use
Check your zoning rights before buying a residential property for business use How often do we see those adverts “perfect for home-office” or “ideal for business” on an estate agent’s advertising platform and take it as a given that the said property is in fact ‘ideal...
Matters of the King
Matters of the King A look at some Interesting amendments to King IV, 2016 In July 1993, retired Supreme Court of South Africa Judge Mervyn E. King was asked by the Institute of Directors in South Africa to chair a committee on corporate governance. The committee’s...
Local law firm Gillan & Veldhuizen announce affiliation with top global professional service firm network
Local law firm Gillan & Veldhuizen announce affiliation with top global professional service firm network On 22 June 2017, commercial and corporate law firm Gillan & Veldhuizen (G&V Inc.) announced their affiliation with IR Global, an international...
The benefits of selling or buying on auction
The benefits of selling or buying on auction The misconceptions that auctions are reserved for distressed properties or that it is a hunting ground for bargains, is steadily being corrected as more and more people opt for the auction floor as opposed to traditional...
Mediation vs Litigation
Mediation vs Litigation Mediation, an overlooked, no-brainer With overburdened courts, lengthy trials and exorbitant litigation fees, mediation, already popular internationally, is often overlooked as a solution for individuals and businesses to resolve disputes in...