Minority shareholders are not without recourse when they have suffered from oppressive or unfairly prejudicial conduct by the majority. The minority shareholder can approach the court for an order for the company to buy back their shares.
The Companies Act 2008 provides for the business and affairs of a company to be managed by or
Creditors of a company in business rescue do not have an unfettered vote to reject a proposed business rescue plan because their vote may be set aside by a court if it is inappropriate.
The Supreme Court of Appeal in Firstrand Bank Ltd v KJ Foods CC considered the meaning of ‘inappropriate’ relating to business
In a landmark judgment, the Constitutional Court has left the door open for the development of the common law to have future damages in personal injury claims paid periodically and by way of services.
The Constitutional Court was faced with the question whether massive future medical expenses based on speculation can be paid by