Director and Successor Liability in Company Liquidation
Introduction Company liquidation can be a complex process, involving settling debts and distributing assets to stakeholders. During this process, questions often arise regarding the liability of directors and the potential responsibilities of a new company formed...
Sureties in or out of the NCA? Why does it matter?
Introduction Credit transactions and lending agreements often involve a third party (the surety) who guarantees the performance of another party’s obligations (the principal debtor) towards a creditor. While surety agreements can provide financial security and...
A Deep Dive Into Trusts
Introduction A form of business vehicle which has become increasingly popular. This is due to the advantages it enjoys compared to other business structures, such as the sole proprietorship, the partnership, the company and the close corporation. In the article, we...
The Rights of Owners of Newly Built Houses in South Africa
Introduction Building or purchasing a newly constructed house is an exciting endeavour. However, it is essential to understand your rights as a property owner to ensure that the construction work meets the required standards. In South Africa, several building...
Recent Comments