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ENS
In one of the first reportable judgments of 2024, SAA v NUMSA & SACCA, the Labour Court has sent a strong message to Unions which litigate in the Commission for Conciliation, Mediation...
ENS
This brief snapshot of different insolvency-related topics highlights trending issues that our experts have observed and follow closely as they may have an impact on the insolvency realm within Africa.
ENS
In the case of Bester N.O & Others v Mirror Trading International Proprietary Limited (in liquidation) t/a MTI, the Western Cape Division of the High Court considered whether cryptocurrencies...
ENS
In NSP Unsgaard (Pty) Ltd v Master of the High Court, Cape Town and Another, the applicant, NSP Unsgaard (Pty) Ltd sought to review and set aside a decision of the first respondent...
Barnard Inc.
Regiments participation in an "unbundling" transaction in respect of share ins CAPITEC Bank was halted.
ENS
Whenever the governor of the South African Reserve Bank ("SARB"), Lesetja Kganyago, announces a hike in the repurchase ("repo") rate, the first thing that comes to mind, or we see in the headlines...
ENS
The effect of a liquidation order is to crystallise an insolvent company's position in time and to ensure that no further transactions can be concluded by that entity.
Tabacks (formerly Andersen Za)
With so many businesses facing financial distress as a consequence of the economic fall out of the past 18 months brought about by the COVID-19 pandemic...
Tabacks (formerly Andersen Za)
A recent judgment by the Supreme Court of Appeal, Timasani (Pty) Ltd (in business rescue) and Another v Afrimat Iron Ore (Pty) Ltd [SCA case number 91/2020] has given some much needed guidance...
SchoemanLaw Inc.
If you are approached by a liquidator wishing to claim back money paid to you by a provisionally liquidated business, what are your options?
Adams & Adams
When banks advance funds to clients prior to the lodgement of a mortgage bond at the Deeds Office, they must take cognisance of the effect of Section 88 of the Insolvency Act.
Adams & Adams
When buying a business, the purchaser may approach a bank for finance. The purchaser as well as the financial institution that may finance the transaction need to determine whether compliance with Section 34...
Fasken
The state of the SOEs is particularly complex, sensitive and special.
Cliffe Dekker Hofmeyr
Kylene Weyers, Senior Associate in the Dispute Resolution practice joined Smile FM to discuss the voluntary liquidation of Bosasa and the SCA judgment which ...
Abrahams & Gross Inc.
An insolvent is automatically rehabilitated 10 years from date of sequestration of their estate.
Adams & Adams
Rwanda's 2009 Law on Intellectual Property, expressly excludes pharmaceutical products from patent protection.
ENS
On 1 February 2019, the South African Minister of Finance published the Financial Matters Amendment Bill (the "Bill") containing a long-awaited amendment to section 83 of the Insolvency Act, 1936.
Hogan Lovells
It has become a common phenomenon that applications are brought to put into business rescue, companies which are already in liquidation – sometimes long after the liquidation commenced.
ENS
As we have written in a number of previous articles, National Treasury, together with the Prudential Authority and the Financial Sector Conduct Authority ...
Bowmans
The year 2020 was not business as usual as the outbreak of the new COVID-19 virus disrupted and tested the resilience of global economies, health systems, supply chains, industries and businesses.
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