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NEWS ITEM
Dealing with Crypto Assets in Your Will
The creation and existence of a will can ensure you have certainty on how your assets will be divided amongst your beneficiaries. With the introduction of cryptocurrency, NFTs, tokenization and blockchain technology, many South Africans have taken a shine to these new...
The “Bad Apple” Director ….. How to Step Back in Line or Say Your Goodbyes
Unfortunately, the “bad apple” director is not as fictitious a person as many companies would like to think. Let me clarify… A director who fails to comply with certain standards, or fails to honour certain agreements, has, in my view, deviated from what is reasonably...
South Africa: Crypto Assets Declared A Financial Product
South Africa has moved forward by classifying crypto-assets as financial products in accordance with a notice in the government gazette enabling them to be regulated. Crypto-assets are not issued by a central bank, but are capable of being traded, transferred or...
Severance Pay – What Makes You Think You Are Entitled to It?
Employees may be offered severance pay if they are dismissed for reasons based on the employer’s operational requirements[1]. Section 41(1) of the Basic Conditions of the Employment Act, 1997[2], provides that a retrenched employee is entitled to severance pay at...
Recession And The Legal Impact It Poses On Businesses
South Africa has moved from the unprecedented experience of Covid-19, which devastatingly impacted the economy and various industries, to having a load-shedding crisis and constantly increasing petrol prices. Economists, investors, businesses and consumers alike have...
Edictal Citation- You’ve Been Served!
A number of rules and legal principles govern the course of litigation. Those who have engaged with the process will know that litigation can sometimes be messy, and to avoid unnecessary delays, these rules and principles must be adhered to. In saying that, what...
What Happens If You Buy A Property And The Owner Dies Before The Transfer Is Complete?
With the excitement of buying a new home comes a lot of known and unknown stress, but one risk we cannot sometimes foresee is the death of a Property Owner / Seller in a Sale Agreement. So what happens to you, a Purchaser, when the Owner/Seller passes away before an...
“Who’s your Daddy” – Unmarried Fathers and the Notice of Birth
The Republic of South Africa is filled with a large variety of people, cultures and traditions. Although these cultures and traditions may differ, the importance of family and community are among the most prominent concepts in most of them. As a result, the impact and...
COMMERCIAL CONTRACTS AND THE CONSIDERATIONS
The role of public policy considerations, norms of fairness and constitutional values such as Ubuntu in the law of contract, have long caused legal uncertainty. However, a recent decision in the Constitutional Court has now put an end to this. A recent case In...
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