Loris Rech

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Non-variation clause leads to contract invalidity

This blog was co-authored by Zahraa Amod-Carim In May 2022, the Eastern Cape High Court handed down a judgment that invalidated a shareholders agreement between a private entity and its respective shareholders. Five medical doctors and shareholders challenged the hospital in respect of a new shareholders agreement put into effect without their signed consent required … Continue reading

COVID-19 relief for SMMEs in South Africa

Many businesses are struggling to stay afloat because they either cannot operate under the COVID-19 lockdown or the volume of their output has diminished substantially. The SMME Debt Relief Finance Scheme, the South African Future Trust and the Sukuma Relief Programme have been created to assist SMMEs with their difficulties. Many banks are offering clients … Continue reading