07/02/2018 The locked box mechanism entails that the purchase price payable on the transaction’s closing date (Closing), is agreed and fixed at the date of…
07/11/2016 Confidentiality or non-disclosure agreements (NDAs) may limit or exclude the parties’ liability for damages in certain circumstances. Clauses such as…
18/01/2018 The Companies Act, No 71 of 2008 (Companies Act) regulates the removal of directors. In terms of the Companies Act, a director may be removed either…
04/07/2014 The applicant was a locally incorporated company, and tax resident in South Africa. The applicant’s majority shareholder was a foreign company. The…
07/07/2014 The Employment Act (Chapter 268 of the Laws of Zambia) is the principal piece of legislation governing employee rights in Zambia. A distinction is…