Legal Risk in South Africa: Checking out Social Networking Profiles of Job Applicants

  There came a time where employers used the internet, particularly social media networking to find job applicants, screen who’s qualified and who’s not and to even announce more job openings that are and will be available in the next few days and weeks to come. Some people think that this is a positive thing, [...]

Director’s Dilinquency in action – KUKAMA VS LOBELO & OTHERS

FACTS Applicant (Kukama ) applied for first respondent ( Loselo ) to be declared a delinquent director and for this removal as director of Peolwane Properties (2nd respondent ) and Diphuka Construction ( 3d respondent ), of which the applicant and respondent are each 50% shareholders. They are both directors of Peolwane Properties Ltd, and [...]

What are Real Estate Sale Agreements?

  Buying a real estate property can be both nerve racking, exciting and confusing at times. There will come a time when you need to find a good property to invest on, while some others make sure that they contact an experienced real estate agent to take care of everything on their end. While the [...]

Piercing the Corporate Veil

Because the officers and directors of a corporate entity act and think on its behalf, there is a need for the individuals and corporates to be held accountable for their actions, particularly when such person are involved in fraudulent or dishonest activity. In effect, when the corporate veil is pierced or lifted, the court strips [...]

Corporate Restructuring Services and Specialists: A Brief Overview on What They Do

There are times in one’s life where they may experience difficulties and become financially challenged. This is normal for individuals, especially during these tough economic times. However, people still get the chance to rise and get up, because there are establishments who are willing to help people reorganize their finance management, and even help them [...]

Commodity Trade Transactions: How it Differs from Share Trade Transactions

Commodity trade transactions and share trade transactions are commonly being heard in the market. Usually, you’ll hear the success stories as well as the cries of people who’ve tried their fortune in this tricky industry, which also is risky as compared to any other market out there. This involves perfect timing since you have to [...]

Finding a Shareholder Transaction Expert

    Shareholder transaction – what is it and how important is it for a certain group of individuals? To begin with, most companies are not just owned by one or two people. Most often, the ownership of an establishment mainly depends on the number of individuals as well as shares or stocks that are [...]

Finding a Corporate Lawyer to Represent Your Corporation

    For every business owner, it is important to find the right corporate lawyer that will represent and process all the legal actions your business requires. Every single day, different decisions and things have to be done within the company.   Being in an establishment requires a lot of risks and decisions to be [...]

Legal Update June 2012

    BUYING A BUSINESS - BEWARE THE TAX IMPLICATIONS!   Business sale agreements often provide for allocation of the purchase price between the various assets of the business – so much for goodwill, so much for stock, so much for fixed assets etc.  Make sure that the allocation is both made and recorded correctly [...]

Does Your Business Need a Joint Venture?

    What is joint venture (JV) and how can it contribute to one’s business? Many business owners may have already heard about JV as well as the different benefits that it can bring to one company. However, not everybody has the knowledge as well as not everyone has even realized how to begin with [...]

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