Tag:
Companies Act
DealMakers
Expanding director accountability in South African company law
Courts are increasingly prepared to hold directors accountable, not just for what they do, but for how they do it.
DealMakers
Blank shares and board powers
Practical and legal uncertainties often arise in respect of the associated preferences, rights, limitations or other terms of blank shares
DealMakers
The strategic response to a takeover attempt
The key lies in balancing legal obligations with commercial realities and a response that is both measured and forward-looking.
DealMakers
Sweat Equity: legally toned and ready to flex
Sweat Equity arrangements are used in transactions globally, where individuals and companies may be issued equity shares based on their future non-financial contributions.
DealMakers
Recent developments in shareholder protection
Shareholders who seek relief under section 163 should be mindful of the requirements that they must satisfy in order to be entitled to relief.
DealMakers
Trouble in paradise: removal of a Director
When a director’s actions are not aligned with the company’s best interests, it can lead to reputational risks for the company itself, as well as the other directors involved.
DealMakers
Class Act
How to determine whether separate class meetings must be held to vote on a scheme of arrangement.
DealMakers
Executive Brief: key takeaways from the 2023 Companies Amendment Bills
The Minister of Trade, Industry and Competition has proposed the Companies Amendment Bill, 2023 and the Companies Second Amendment Bill, 2023.
