Practical M&A: Locked box mechanism explained
February 7 2018 The locked box mechanism entails that the purchase price payable on the transaction’s closing date (Closing), is agreed and fixed at the date of…
Beware of excluding liability for consequential damages in confidentiality agreements
November 7 2016 Confidentiality or non-disclosure agreements (NDAs) may limit or exclude the parties’ liability for damages in certain circumstances. Clauses such as…
Removal of a director by shareholders - to give reasons or not to give reasons?
January 18 2018 The Companies Act, No 71 of 2008 (Companies Act) regulates the removal of directors. In terms of the Companies Act, a director may be removed either…
Capitalisation of shareholder loans
July 4 2014 The applicant was a locally incorporated company, and tax resident in South Africa. The applicant’s majority shareholder was a foreign company. The…
Redundancy in Zambian labour law
July 7 2014 The Employment Act (Chapter 268 of the Laws of Zambia) is the principal piece of legislation governing employee rights in Zambia. A distinction is…
A general introduction to oil and gas law in South Africa
November 1 2022 A general introduction to the most consequential features of the legal and regulatory framework governing the oil and gas sector in South Africa.
In review: oil and gas exploration and production in South Africa
November 1 2022 An examination of some of the key licensing requirements and production restrictions for oil and gas companies operating in South Africa.
At a glance: termination of employment in Kenya
April 30 2021 A look at the key legal provisions governing the termination of employment in Kenya, including grounds for dismissal, notice requirements and severance pay, among other things.
At a glance: hiring employees in Kenya
April 30 2021 A look at the key legal provisions governing the hiring of employees in Kenya, including background checks, anti-discrimination laws, probationary periods and employee classification, among other things.
One right two many - A tale of two rights: The double granting of mineral rights decided upon
August 21 2019 Mining in South Africa is no mean feat and oftentimes requires a feat of engineering. However, before there can be boots and excavators on (or under)…
Cliffe Dekker Hofmeyr
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