Good news and not so good news for companies undertaking share buybacks
Section 48 of the Companies Act 71 of 2008 (Companies Act) makes provision for the reacquisition by a company of its shares. Section 48(8)(b) provides...
Yaniv Kleitman
Yaniv Kleitman is a Director in our Corporate and Commercial practice and operates as a professional support lawyer (PSL). He specialises in company and securities law.
The Big Catch: They’ve resigned. Can they compete with my company?
So they’ve resigned – now what? Can the fiduciary duties as a director of a company extend post-resignation, and if so, to what extent? Are...
The effect of not accepting a board’s offer during the appraisal process
One of the most important statements that must be included in a notice to shareholders when a company proposes a fundamental transaction is the statement...
Warrantors beware: An independent contractor can be your “agent”
When negotiating commercial agreements (such as sales and leases), parties typically spend a lot of time on the warranties. A warranty is a contractual term...
Tightening up on tacit terms
The courts have recently reaffirmed the restrictive scope of reading tacit terms into written contracts. A notable example of this is the Supreme Court of...
