Mandate expired, commission not lost
In real estate, agents may still earn commission if they introduced a buyer during a valid mandate, even if the sale concludes after the mandate expires.
Payer, beware!
In a world of cyber scams and Business Email Compromise (BEC), a number of recent court rulings are sending a loud message: if you’re paying, the risk is yours.
Corporate fraud, legal privilege and the public’s right to know: Lessons from the Steinhoff saga
In one of South Africa’s most consequential corporate collapses, the Steinhoff saga has reshaped how businesses, legal professionals, and the public think about transparency, privilege, and accountability.
Got the goods? Prove the right or give them back
If you are holding onto something that does not belong to you, and you cannot prove you have a legal right to keep it, you will have to give it back.
When guarantees turn costly
Performance guarantees and suretyships are powerful tools for facilitating business and mitigating risk, but they come with significant responsibilities and binding obligations.
The fall of True Ruby: When courts pull the plug on paper entities
In close corporations or small businesses, when relationships break down irreparably and impact negatively on the business, courts have reaffirmed their readiness to intervene.
Establishing interest claims in debt recovery proceedings
In a recent court case, lenders were reminded that even an admitted debt backed by a signed settlement agreement isn’t enough if you’re claiming interest.
Payments made during business rescue – are you at risk?
A recent legal decision highlights a critical legal risk for creditors and business rescue practitioners (BRPs) when dealing with a company in financial distress.
Sibling feud sparks director’s personal liability
What are the repercussions of a director failing to uphold their fiduciary duties? This article highlights the importance of directors adhering to their critical role in order to avoid personal liability and potential liquidation orders.
No contract, no problem: Ownership wins!
A recent court case shows just how powerful the principle of ownership can be in South African law. Even without a contract, you can reclaim what is yours ...
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