Lawyers Must Step Up to Assist the Business Community during Lockdown
Click here to read article by Yvonne Wakefield published in the Daily Maverick.
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Commercial Law
Board of Directors vs Executive Committee: Who rules Who?
It is important to understand which body ultimately governs a private company, so that the correct procedures are followed by the respective bodies,in order to ensure the legitimacy of actions and decisions taken. Where an executive committee comprising the various heads of the departments within the company is appointed, there may be a tendency towards
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Coronavirus Impact on Travel Insurance
Click here for article on MSN. Featuring Commercial and Finance Specialist, Nadia Smith.
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Service Agreements: Common Considerations
Millions of agreements are concluded every hour, globally. Often, the provisions of some agreements are overlooked or glanced over in pursuit of getting the deal done. Given that the devil regularly lies in the detail, an agreement could quite easily save or break a business – as a consequence, you would want to ensure that
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Changing Market Demands: How can Law Firms Adapt?
Most of us signed up to a career in law with the understanding that we were entering a very lucrative profession. For many of us, that choice was made in the days when the profession was very exclusive: The only people who knew anything about legal matters were lawyers, and there was a vast information
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Due Diligence Investigations: Getting your business DD-Ready
As an entrepreneur, reaching the stage of seeking investment can be very exciting. You dream of all the ways in which your business can grow bigger and faster with funding, but each time realise that investors won’t commit cash until they have completed a due diligence investigation. The idea of your company documents being checked
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Choose the right Dispute Resolution Clause for your Contract
By the time the ‘big ticket’ items in a contract have been decided, it is tempting to ignore the rest and hope for the best. As anyone who has had to end a business relationship or deal with a dispute governed by a contract can attest to, although no one may have given the dispute
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Tricky Commercial Terms: Pointers for Negotiating them
Whatever the type of commercial contract parties wish to execute, it will in all likelyhood contain certain key terms which can significantly shift where the risk between the parties lies, and as a result, these terms are almost always heavily negotiated. The following are a few of these terms which should be carefully considered on
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Dispute Resolution Clauses: Worth Careful Consideration
Too often dispute resolution clauses are treated as part of the boiler plate provisions and copy-pasted into agreements as an afterthought, or even left out altogether. Best case scenario the parties will never need to rely on these clauses. However, when they do, parties may find that the provisions of their dispute resolution clause were
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Negotiation 101: Knowing when to Walk Away
One of the fundamental questions you have to answer before sitting down at the negotiation table is when to walk away from the negotiation. The strength of your alternative to the potential settlement or deal fuels your negotiation power. Knowing what this alternative is allows you to asses when to continue the negotiation and when
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