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The interpretation of warranties, indemnities and representations in commercial contracts governed by the laws of England and Wales, South Africa or the United Arab Emirates

Latham & Watkins LLP
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South Africa, United Arab Emirates, United Kingdom
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October 25 2012

Warranties, indemnities and representations are familiar concepts to commercial lawyers and form the legal backbone of many commercial agreements

The payment of dividends out of negative reserves

DLA Cliffe Dekker Hofmeyr
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South Africa, United Kingdom
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April 26 2012

The issue has often arisen as to whether the payment of a dividend that results in the creation of negative reserves can still be said to be a dividend or whether it is effectively funded from the share capital of a company

Refusing to perform may repudiate a services contract

DLA Cliffe Dekker Hofmeyr
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South Africa, United Kingdom
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July 12 2011

In December 2010, the English High Court (the Court) handed down judgment in a dispute between De Beers UK Ltd (De Beers) and Atos Origin IT Services UK Ltd (Atos), jointly the "parties", concerning the repudiation of an information technology services contract

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The interpretation of warranties, indemnities and representations in commercial contracts governed by the laws of England and Wales, South Africa or the United Arab Emirates

The payment of dividends out of negative reserves

Refusing to perform may repudiate a services contract

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