Explore the Eastern Cape Division, Gqeberha’s ruling on shareholder oppression in Van Der Watt v Schoeman, highlighting legal remedies for shareholders under the Companies Act 71 of 2008 against oppressive conduct within a company.
Explore the decision in ‘Van Der Westhuizen v Van Der Westhuizen and Others (24614/2022) [2024] ZAGPPHC 15,’ where the North Gauteng High Court addresses the intriguing dilemma of sibling rivalry within family businesses. This blog post delves into the application of Section 81 of the Companies Act, analyzing the ‘just and equitable’ grounds for winding up solvent family-owned entities amid disputes. Uncover the legal insights and implications of this case for family-run corporations, highlighting the court’s approach to trust, cooperation, and the deadlock principle in familial business disputes.
Commercial Law, Debt Collection, Debt Prevention, Debt Review Upliftment, Debtors, Debtors book
Gain critical insights from the Gauteng High Court case, Actisol 145 CC v Seryt Tyres, addressing the extent of a surety’s liability in credit agreements. This pivotal judgment, led by Judge Nkutha-Nkontwana, explores whether a surety’s obligation is confined to the initial credit limit or extends to the actual debt incurred. Uncover the legal intricacies, the court’s decision, and its implications for sureties in business credit facilities