Commercial law - SchoemanLaw Inc

The Importance of Due Diligence

by Raeesa Ebrahim Atkinson | Mar 19, 2020 | Commercial law, Publications

Amongst growing labour and financial concerns, commercial enterprises are also faced with the added exertion of ensuring that they perform the necessary due diligence in respect of their transactions and the establishment of business relations. Due diligence in...

Fronting under the BBBEE Act

by Nicolene Schoeman-Louw | Mar 3, 2020 | Broad Based Black Economic Empowerment Advice and Planning, Commercial law, Publications

A fronting practice is defined in the Broad-Based Black Economic Empowerment Act 53 of 2003 as amended (the “BBBEE Act” or the “Act”) as: “a transaction, arrangement or other Act or conduct that undermines the achievement of the objectives of the Act.”...

The 2020 Budget Speech

by Raeesa Ebrahim Atkinson | Mar 1, 2020 | Commercial law, News, Tax law

Finance Minister Tito Mboweni delivered his budget speech on 26 February 2020 painting a rather bleak view of the current and future economic climate in South Africa. With inflation and our budget deficit said to increase at a remarkable rate in comparison to economic...

Infringement of Copyright

by Petrus Khumalo | Feb 12, 2020 | Commercial law, Publications

One of the challenges which face our South African creative industry today is the exploitation of their work, either by global or local companies or individuals without fair or even any compensation. According to pundits in our local creative industry, this was nearly...

A Lesson in the Timeous Institution of Arbitration Proceedings

by Reenen Lombard | Feb 10, 2020 | Civil Litigation and Alternative Dispute Resolution, Commercial law, Contract Drafting, Publications

Arbitration is steadily on the rise in the developing world.[1] More interesting is that this growth seems to be centered around Africa, or, at least, African parties. The reasons are no doubt compound, but one reason is that Africa is slowly on the rise, economically...

Is a term undertaking to agree legally enforceable?

by Nicolene Schoeman-Louw | Feb 3, 2020 | Civil Litigation and Alternative Dispute Resolution, Commercial law, Contract Drafting, Publications

In some agreements, most specifically lease agreement (as in a case in point) terms are usually included which state that specific terms shall be negotiated and agreed to between the parties (at a later stage). The question that the Supreme Court Appeal was faced with...

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The Importance of Due Diligence

Fronting under the BBBEE Act

The 2020 Budget Speech

Infringement of Copyright

A Lesson in the Timeous Institution of Arbitration Proceedings

Is a term undertaking to agree legally enforceable?

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