As family businesses grow the owner of a company will often place shares in the company into various trusts, for his children. Trusts, if properly administered will offer protection against insolvency and will also operate effectively to peg capital growth, which will be attractive to the owner. In most instances the owner as founder of […]
Trusts in relation to Family Businesses Read More »
You want to hire premises for your business. Your soon-to-be landlord has premises to let. It sounds simple, but in fact the interests of the tenant and the landlord are not as aligned as you might assume. This article highlights some of the things a prospective tenant should be looking out for in a typical
Commercial Leases: Aspects to Look Out For Read More »
Photographers, videographers, researchers, farmers and hobbyists, to name but a few, have a readily available tool to give them a whole new perspective, an aerial perspective. Drones, or formally known as Remotely Piloted Aircraft Systems (RPAS) have been around for some time but until recent years, these drones were unaffordable. However, in today’s age,
Drone Regulations: An Aerial Perspective Read More »
The Competition Act, No. 89 of 1998 (“the Act”) regulates competition issues in South Africa. The Act regulates mergers and anti-competitive conduct which it refers to as “prohibited practices”. Mergers which exceed the prescribed thresholds have to be approved of by the Competition Commission or Tribunal before implementation. Implementation before approval may result in penalties
Competition Act: Do’s and Don’ts Read More »
The South African Companies Act (“Companies Act” or “Act”) deals with standard of conduct required from directors in South Africa. Section 75 of the Companies Act deals with the personal financial interest of directors, and Section 76 deals with required standards of directors’ conduct. Section 75, sets out a process for a director to disclose
Directors Do’s and Don’ts Read More »
No decent soap opera is complete without a few episodes dominated by the drama and shenanigans surrounding a hostile takeover bid for a corporation. U.S. listed companies have long adopted “takeover defenses” to assist them in resisting hostile takeovers. Aside from making stimulating TV viewing, hostile takeover bids are uniquely placed at the intersection of
Takeover Defenses: The Thorn in the Side of US Corporation Shareholders Read More »
In this age of technological innovation, with growing numbers of start-ups developing software and mobile apps, conditions are absolutely prime for emerging players to flourish. For the developer looking to enter the market, an appreciation of the regulatory landscape is vital to ensure that you operate within the parameters of the law and are properly
Mobile App and Software Developers: A Guide to Regulatory Compliance Read More »
The legal profession has remained essentially the same for the last few centuries. One could be forgiven for thinking that, other than the introduction of fax and then email for communication purposes, the profession has shown little aptitude for adapting to changing times. Traditional practitioners and clients alike tend to believe that it will continue
Tomorrow’s Legal Profession Read More »
What is breach of contract? In business and in life, we enter into contracts with other people. Contracts can be written agreements or verbal agreements, but at the end of the day, a contract is simply an agreement between two parties as to what each party will do (their obligations), and what they will receive
Breach of Contract, Simplified Read More »
The Department of Trade and Industry has introduced a Broad-Based Black Economic Empowerment Amendment Act, 2013 (‘the BEE Amendment Act’), which fundamentally amends the Broad-Based Black Economic Empowerment Act, 2003 (‘the Principal BEE Act’). It has also introduced revised ‘generic’ BEE Codes of Good Practice (‘the Amended BEE Codes’), which amend and replace the ‘generic’
Material Changes to the New BEE Act Read More »
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Caveat's ai attorney,
Ask our AI a question about this topic, and one of our specialist lawyers will review the response and email you within 24 hours, free of charge.
KAI is free for Caveat friends and clients. To use KAI, complete the form below and look out for the AI’s answer, reviewed by a specialist lawyer, in your inbox. For the most accurate and helpful response, be as specific and detailed as possible. Provide all relevant facts and clearly state what you’d like answered.
Disclaimer: Kai is provided by Caveat in a bona fide attempt to make legal services more accessible to you. Caveat will not be liable for any damage, loss or expense arising from the use of this offering.
Feedback Welcome: Your experience matters to us. Please share feedback on this offering at info@caveatlegal.com to help us improve its efficacy.
