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What to do when a client owes you money
Nearly all business owners will at some point be in a situation where they have rendered goods and services but have not been paid for their effort. When this happens the business owner will have to decide whether to write off the debt or to try to collect it. ...
How to liquidate a company in South Africa and the effect on shareholders
We examine the reasons why a company would want to liquidate, when it is applicable, and what the process entails. We also explain why it is often in the shareholders and directors best interests to liquidate as soon as the company is insolvent. Why a company would...
Update on the Land Expropriation Bill
On 6 September 2021, after considering all public commentary, it was announced that the Committee responsible for initiating and introducing the Land Expropriation Bill has endorsed it. The Bill has now been referred to the National Assembly to be passed and to advise...
Buying property in a Trust: some pros and cons
A trust is a legal entity which is created by a founder and which can (amongst other things) purchase and own property. Once a trust is created, all assets are placed into it by either the founder donating assets to it or by the entity itself purchasing or otherwise...
Thinking of setting up a Trust?
Trusts can be created for a number of reasons which include estate planning and succession, for reasons of wealth and asset protection, and also as a broad-based share ownership scheme in companies. What is a Trust? Section 1 of the Income Tax Act No 58 of 1962...
Are your tenants not paying rent?
Landlords are understandably stressed about outstanding rental payments that are due from a tenant. Tenants living rent-free can lead to huge problems for landlords as most rely on these payments to meet other financial obligations. Fortunately, all hope is not lost...
How POPIA will affect your business
The Protection of Personal Information Act (POPIA) provides for conditions that businesses need to follow in order to process personal information lawfully. The purpose of the Act is to ensure that personal information is secure, and protect individuals against...
Defamation and social media
Our attorneys have written before about defamation and the right to recourse. This article serves to supplement the theoretical legal framework for recourse for defamation with claims arising primarily from the use of social media. Promoting hate speech on Facebook In...
Foreign marriages and divorce: what does the law say?
In the past, when people were mostly confined to single jurisdictions, actions – such as divorces – were administered in a fairly trouble-free manner. In today’s mobile world, our borders have become porous and international marriages have become increasingly more...
What are the costs involved in buying and selling immovable property?
Buying or selling property can be overwhelming, more so, when you do not know what to expect.Our attorneys outline the expenses which may arise for both the seller and purchaser to assist you in preparing for the unknown.