by Sean Slabber | 2 Jun, 2015 | Insights
Tax-free saving accounts were introduced on 1 March 2015 in order to encourage more people to start saving. The annual contribution limit is R30 000 and the lifetime limit is R500 000 per person. This means that if R30 000 is invested per annum, after approximately 17...
by Sean Slabber | 1 Jun, 2015 | Insights
A landmark decision has been made by the Supreme Court of Appeal whereby the concept of a binding offer in the business rescue context has now been clarified. Previously in circumstances where a business rescue plan cannot be adopted due to opposition, creditors in...
by Sean Slabber | 28 May, 2015 | Insights
The NCA requires, as a precursor to litigation on a credit agreement, that one sends a ‘s129’ notice, advising the debtor of his rights in terms of the NCA, and a few other formalities. Where a credit provider institutes an action to enforce payment of a...
by Sean Slabber | 24 Mar, 2015 | Insights
Messages of goodwill flowed in for long-serving Chair of Fairbridges, Louis Rood, who has retired after 42 years at the firm, 34 on the board, and 10 years as Chair. He was only the 15th Chair of the firm, in 203 years since it was established in Cape Town in 1812. He...
by Sean Slabber | 24 Mar, 2015 | Insights
Deirdré Olivier has been appointed Chairperson of Fairbridges Wertheim Becker. A BA LLB graduate of the University of Cape Town. She served her articles at Fairbridges, was admitted as an attorney in 1995, and later qualified as a notary public. She has been a...
by Sean Slabber | 23 Mar, 2015 | Insights
Two of South Africa’s longest established law firms have joined forces in a significant mid-market merger. Fairbridges is the oldest law firm in Africa and the Southern Hemisphere, having been established in Cape Town in 1812. Wertheim Becker was founded over a...