Co-operative and Company Law
Directors: Here’s How to Avoid Being Sued for Company Debts
Perhaps you’re a director losing sleep over the risk of losing everything if creditors sue you personally for your company’s debts because you’re asset-rich, and they can’t squeeze anything out of the company. Or maybe you worry about the company itself suing you for losses it suffers because of something you have or haven’t done.…
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Now Creditors Can Apply for Directors to be Declared Delinquent – Why is That Important?
A recent High Court decision means that, for the first time, creditors of debtor companies are specifically cleared to apply for the company’s directors to be declared “delinquent” in certain circumstances. And that has significant implications for both directors and creditors. For directors – major long-term career risks Company directors need to manage a whole…
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Trustees: Your New Duty to Report Beneficial Owners
South Africa’s grey listing by the Financial Action Task Force, the global financial watchdog, has led government to hurriedly introduce new “Anti-Money Laundering and Combating Terrorism Financing” measures to combat financial crimes. One of those measure is a new requirement for trustees to disclose all “beneficial owners” of trusts. In what was unfortunately no April…
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Overtime: The Importance of Agreements
All employers and employees need to know of a recent Labour Court judgment holding that an instruction to work overtime in the absence of an agreement is unlawful. A lapsed overtime agreement makes dismissal unfair A company’s Site Manager instructed four employees to work overtime to meet production targets but they refused, citing safety issues…
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Company Law Practice & Co-operative Attorneys Worcester
Company Law & Co-operative Law Companies Conradie Inc. advises a large number of corporate and private clients on various aspects of company law and other commercial legislation affecting their businesses. We provide clients with practical solutions relating to shareholder issues, Memoranda of Incorporation, corporate governance, risk management and independent advice to boards. It is impossible…
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COMMERCIAL LAW Company Law & Co-operative Law Conradie Inc. helps corporate as well as private clients to establish, manage and restructure their business entities. Co-operatives are a unique business form that can be used in an innovative way to find sustainable solutions for your business. READ MORE Commercial Mediation We provide assistance in finding the…
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Who we are At Conradie Inc. integrity forms the cornerstone of everything we do, and this, together with our espousal of hard work, specialisation, diligence, accuracy, tenacity, creativity, compassion & benevolence, makes us different and is the key to enduring success. READ MORE Commercial Law Property Law Agricultural Law LITIGATION Family Law GET IN…
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