11th Jul 2017

Without Prejudice Offers can Interrupt Prescription

Without Prejudice doesn’t always mean Off the Record On 6 July 2017 the Supreme Court of Appeal ruled that a without prejudice offer can interrupt prescription. KLD Residential v Empire Earth Investments (1135/2016) [2017] ZASCA 98 (6 July 2017) The Supreme Court of Appeal ruled that where an acknowledgment of […]
27th May 2017

B-BBEE & the Modified Flow Through Principle

Use the Modified Flow Through Principle to Improve your Ownership Score The Modified Flow Through Principle is an integral part of the Broad-Based Black Economic Empowerment codes. The code permits a company to enhance (double) its ownership percentage, by incorporating a new company and holding the BEE shares in that […]
26th Apr 2017

10 Essential Business Contracts

Shareholders Agreement While it seems self evident that a shareholders agreement is critical to any business that has more than one shareholder, many businessmen just don’t get around to doing it. Shareholder disputes have the ability to destroy years of hard work. It is also important to note that the […]