Memorandum of Undersdtanding “MOU” – is it binding?
Whether you are looking to purchase a new company or enter into a joint venture, there needs to be an understanding before there can be any agreement. Discovering a new venture or simply pursuing something you are passionate about can be quite exciting. It is, however...
Warranties in Sale Agreements – Can you be Held to Account, Even Years Later?
Warranties and indemnities are mechanisms to ensure trust between contracting parties. It is the proof in the proverbial pudding and aims to provide that a party to a contract does what they say they will. Or put differently, that something is the way it was...
Removing A Minority Shareholder
The Companies Act 71 of 2008, as amended (“Companies Act”), provides for the protection of minority shareholders’ rights. Section 163 of the Companies Act allows for a minority shareholder to apply to a court for relief should they feel oppressed, unfairly prejudiced,...
Building or Renovating? Take Note of the New Property Laws
There has been a steady move towards a property industry that is more consumer-focused and offers consumers more protection. This is evident through the introduction of new legislation relating to property and building that has either been proposed or has already...
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