How Legal Tools Can Save Companies in Financial Trouble
Running a business in South Africa today is no easy task. With unpredictable markets and economic slowdowns, even well-managed companies can find themselves in financial distress. But often, the real cause of business failure isn’t just tough times – it’s poor decision-making, weak oversight, and a failure to act before things spiral out of control. […]
Frequently Asked Questions about liquor licensing
Navigating the complexities of liquor law can be daunting. Whether you’re starting a new business, hosting an event, or expanding your operations, understanding the liquor licensing process is crucial. Below, we answer some of the most common questions we receive about liquor licensing. Who needs a liquor license? Anyone who “sells” liquor in the Western […]
SALE OF BUSINESS GOODWILL: PURCHASER BEWARE!
When buying a business as a going concern, inclusive of the goodwill attached thereto, are you sufficiently protected in the agreement of sale against the former employees and/or directors stealing your clients and/or customers for a competing business?There is an implied prohibition in our law (the so-called “Trego prohibition”, which was accepted by our court […]