Caveat Legal
News & Articles
What the Waterfall Actually Says: Liquidation Preferences and Why They Bite
When a South African private equity or venture transaction closes, the cap table is usually
The Tax Conversation You Should Have Had Before the Buyer Called
Most founders think about tax in the context of an exit the way most people
The Revenue Number Every SA Energy Model Gets Wrong
Price per kilowatt-hour is not revenue. It is the starting point for a calculation that
The Knowledge That Walks Out the Door With Every Departing Lawyer
Most multinationals measure legal function maturity by headcount, technology spend, or policy coverage. A more
The Regulator You Forgot About Is the One That Stops the Deal
Deal teams doing M&A in South Africa are generally well prepared for Competition Commission notification.
The Paperwork Problem that becomes a Valuation Problem
Founders preparing for an exit tend to focus their attention on the parts of the
Eskom Will Not Consider Your Application Without This
There is a step in every wheeling project that gets treated as paperwork and is,
The SA Deal Reality Check: Five Questions That Predict Whether a Transaction Will Close Cleanly
Most deal delays in South Africa are not caused by the issues that make headlines