Directors: Here’s How to Avoid Being Sued for Company Debts

“To be prepared is half the victory.” (Miguel de Cervantes, author of Don Quixote) Perhaps you’re a director losing sleep over the risk of losing everything if creditors sue you personally for your company’s debts because you’re asset-rich, and they can’t squeeze anything out of the company. Or maybe you worry about the company itself [...]

By |2025-03-12T11:58:27+02:00January 1st, 2025|Corporate Law|Comments Off on Directors: Here’s How to Avoid Being Sued for Company Debts

How Does the New Corruption Reporting Law Affect Your Business?

“In defence of Madiba's legacy, we will continue to wage a relentless war on corruption...” (President Cyril Ramaphosa) You may have seen mention of the new amendment to the Prevention and Combatting of Corrupt Activities (POCCA) Act that imposes severe penalties for any failure to report corruption. If you did see it, you quite possibly [...]

By |2025-03-12T11:40:59+02:00October 1st, 2024|Corporate Law, Litigation|Comments Off on How Does the New Corruption Reporting Law Affect Your Business?

Protect Your Employees from Harassment and Abuse – or Pay the Price

“It takes leadership to improve safety.” (Jackie Stewart, Formula 1 legend) One of your key duties as an employer is to create a working environment in which your employees are protected from harassment and abuse. As a recent High Court judgment graphically illustrates, dropping the ball will cost you dearly. Meet the protagonists The cast [...]

By |2025-03-12T11:39:14+02:00October 1st, 2024|Corporate Law, Labour Law, Litigation|Comments Off on Protect Your Employees from Harassment and Abuse – or Pay the Price

Sour Grapes? Don’t Make Accusations Unless They’re True

“I am disgraced, impeached, and baffled here, Pierced to the soul with slander’s venomed spear.” (William Shakespeare) Here’s another warning from our courts to think twice before publishing anything defamatory, even if you genuinely believe it to be true.  To escape liability, you must show that you fall under one or other of the legal defences [...]

By |2025-03-12T11:24:40+02:00August 1st, 2024|Corporate Law, Labour Law, Litigation|Comments Off on Sour Grapes? Don’t Make Accusations Unless They’re True

Now Creditors Can Apply for Directors to be Declared Delinquent – Why is That Important?

“He who is quick to borrow is slow to pay” (Old proverb) A recent High Court decision means that, for the first time, creditors of debtor companies are specifically cleared to apply for the company’s directors to be declared “delinquent” in certain circumstances. And that has significant implications for both directors and creditors. For directors [...]

By |2024-01-09T10:48:11+02:00January 10th, 2024|Corporate Law, Litigation|Comments Off on Now Creditors Can Apply for Directors to be Declared Delinquent – Why is That Important?

Directors – When Are They Personally Liable?

“… for the benefit of immunity from liability for its debts, those running the corporation may not use its formal identity to incur obligations recklessly, grossly negligently or fraudulently. If they do, they risk being made personally liable.” (Quoted in the judgment below) Particularly in hard times, it is not at all uncommon to find [...]

By |2022-09-30T11:39:47+02:00September 30th, 2022|Commercial Law, Corporate Law|Comments Off on Directors – When Are They Personally Liable?

Verbal Agreements – Not Much Good, But Lots of Bad and Ugly

“The Good, The Bad, and The Ugly” (Spaghetti Western, 1966) A common myth – one that can get you into a whole lot of trouble if you aren’t alive to it - is that verbal contracts are not legally enforceable in South Africa. The opposite is true. With very few exceptions, our law will hold [...]

By |2022-09-12T11:04:58+02:00September 12th, 2022|Commercial Law, Corporate Law|Comments Off on Verbal Agreements – Not Much Good, But Lots of Bad and Ugly

Tax Freedom Day 2022: The Day We Stopped Working for Government

“Taxpayer: One who doesn’t have to pass a civil service exam to work for the government” (Anonymous) “Tax Freedom Day” is the first day of the year on which we South Africans (we’re talking about the “average” taxpayer here) have finally earned enough to pay off SARS and to start working for ourselves. This year [...]

By |2022-09-12T10:47:22+02:00September 12th, 2022|Commercial Law, Corporate Law, Financial, Taxes|Comments Off on Tax Freedom Day 2022: The Day We Stopped Working for Government

The “Great Resignation” is Upon Us – Know the Law!

“Signs of the "Great Resignation" are rippling across South Africa” (Business Insider report, 22 April 2022) The global pandemic-induced “Great Resignation” trend is upon us, and both employers and employees need to be aware of how our law views the whole question of employee resignation. A recent Labour Court decision gives some valuable guidance - [...]

By |2022-09-12T10:35:46+02:00September 12th, 2022|Commercial Law, Corporate Law, Labour Law|Comments Off on The “Great Resignation” is Upon Us – Know the Law!

Workplace Harassment: The New Code in a Nutshell

“The criterion that harassment involves unwanted conduct distinguishes acts of harassment from acceptable conduct in the workplace” (extract from the Code, emphasis added) With effect from 18 March 2022, a new “Code of Good Practice on the Prevention and Elimination of Violence and Harassment in the Workplace” came into effect. Every employer and employee should know about it. The [...]

By |2022-05-03T16:06:00+02:00May 3rd, 2022|Commercial Law, Corporate Law, Labour Law|Comments Off on Workplace Harassment: The New Code in a Nutshell
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