The rewards of company directorship come with a caution: the duties and responsibilities imposed on you by the Companies Act need constant management. Drop the ball on that and you could face some seriously negative consequences. We’ll discuss one of those risks – the career-threatening risk of being declared a “delinquent” director – in the...Read More

Imagine you gather enough evidence, via a forensic investigation and an insolvency inquiry, to suggest that the sole member of a close corporation has defrauded you of almost R22m. R12m is repaid and you sue the member on a personal liability basis for the remaining R10m. She hotly denies liability, but before she even begins...Read More

Occasional disagreements are inevitable in all relationships, but when they spiral out of control to the extent that the directors of a company go to war with each other, the resulting deadlock can make it impossible for the company to continue operating. How can you avoid that happening to your company, and what should you...Read More