Investing in a business: are you buying shares or buying the business?
Investing in a business: are you buying shares or buying the business?
Resolving disputes in sectional titles
A fallout with the body corporate, a neighbour or trustee over issues pertaining to your sectional title property needn’t be a stressful, highly-charged, drawn-out or costly affair when most disputes can be settled internally or via the community schemes...
Investment scams – legal methods available when the bad guy does a runner
South Africans have once again been duped and sickened by the recent Mirror Trading International/Bitcoin investment scandal: one we are all too familiar with – the bad guy running off with the loot and then skipping the country. MTI, which was started in April 2019,...
Calculating a Business Interruption Claim
Calculating a Business Interruption Claim Recent court rulings in favour of companies calling up the Business Interruption clause of their insurance policy have set a welcome precedent for potential financial relief for those businesses who have been adversely...
How’s that debtors’ book reading?
The ramifications of COVID-19 on any part of the business environment can cause your customers to suffer cash-flow problems, delay or default on payments, shut down their businesses or file for bankruptcy. Now, more so than ever, it is imperative for credit controllers and financial directors to keep a close eye on the ball and to manage their debtors’ books carefully and appropriately.
The removal of directors from a company
I think you’ll find it’s more complicated than you think In this day and age, and more so given the amendments to employment contracts during a time of crisis, removing directors from a company is not as simple or straightforward as you may think. The days...
Is Restraint of Trade enforceable if you are retrenched?
South Africa’s third-quarter unemployment statistics were released earlier this month, reported at a whopping 30.8% and thus falling within the top twenty highest in the world. Data published by Statistics South Africa shows that 2.2 million jobs in the second quarter...
Considering selling your business? I think you’ll find it’s more complicated than you think
Selling your business might be an outcome you cannot avoid due to the current financial climate, you may make a choice to pass on the business that you have created to someone else so that you can retire or move on to the next big thing. Whatever the...
Where there’s a will there’s a way (forward)
Why it’s vitally important for you to have a valid will No-one wants to think about leaving this world but, at some stage, you will, and it would be remiss of you not to have your estate in order to pave the way for a simple, uncomplicated process and to ensure that...
COVid Casualties – the importance of a solid Agreement of Sale
Deeds office delays are commonplace in 2020 and the demand is not expected to ease as the property market begins to revive. The registrar continues to battle to expedite the transfer of property ownership due to the backlog created as a result of the impact of...