By Amy Farish (Associate at Themis Law Chambers) MERGERS AND ACQUISITIONS: THE APPLICATION OF THE TAKEOVER REGULATIONS Introduction Company A enters into a sale of shares agreement with Company B where by Company A purchases 40% of the shareholding in Company C.
By Venolan Naidoo (Senior Associate at Hayes Incorporated) It is a reality of business that upsurges in workflow occur from time to time. To meet such demands, an employer would require employees to work more than their ordinary working hours as governed by law. This also benefits an employee as they would be entitled to…
By Noelle Snyman (Candidate Attorney at Hayes Incorporated) The office of trustee is one saddled with many duties. One of these duties is the duty to invest, in order to preserve and promote trust property. Investment of trust property is often a balance between risk and reward, making it a delicate practice. The duty to…
By Venolan Naidoo (Senior Associate at Hayes Incorporated) MUTUAL TERMINATION AGREEMENTS: CAN AN EMPLOYEE WAIVE THEIR RIGHT TO FURTHER RECOURSE AGAINST AN EMPLOYER?
By Michael Jones (Associate at Hayes Incorporated) Community Schemes Ombud Service Act: A new ombud to resolve disputes of homeowners’ associations and body corporates
By Melanie Schoombee ANNUAL RETURNS: PUT IT ON THE ANNUAL CALENDAR!
By Hannah Claassens (Associate at Hayes Incorporated) RESTRAINTS OF TRADE – ‘GETTING CAKE ON YOUR FACE?’ This case of The Velvet Cake Company (Pty) Ltd v R Niehaus & Blondies and Brownies Bakery CC 2016 [Reportable] centres around two bakeries in Cape Town CBD, The Velvet Cake Company (Velvet) and Blondies and Brownies Bakery (Blondies…
By Hugo van Heerden (Senior Associate at Hayes Incorporated) A CLAIM FOR COMPENSATION BY LAND OWNERS: THE REALLY USEFUL-CASE A decision by an authority can limit the rights of a land owner to use or develop land and might even cause financial loss to the land owner. Will a land owner be able to claim…
By Michael Jones (Associate at Hayes Incorporated) It is a fundamental principle of the South African law that government agencies and public functionaries may only do that which they are legally authorised to do. This is known as the ‘principle of legality’ and was espoused in the seminal case of Fedsure Life Assurance Ltd v…
By Meryl Cummings (Head of Company Secretarial Department) When we are instructed to register a company, our client’s focus is generally on registering the Certificate of Incorporation. Once this is registered the company is able to transact and conduct its business. After incorporation, very little attention is given to the maintenance of the company’s statutory…