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Respected specialist property law firm Halstead Paola, has merged with Cox Yeats to create a combined property team with more than 100 years’ experience in property law. This merger was effective as of June 1. The amalgamation of Halstead Paola with Cox Yeats will resultin a Cox Yeats property team that is one of the largest […]
On Tuesday 24 May, thirty of Kwazulu-Natal’s leading property developers, construction companies and industry professionals gathered at Umhlanga’s Oyster Box Hotel to listen to leading South African attorney Richard Hoal, speak on construction disasters at a Special Industry Groups (SIGS) breakfast, organised by the Kwazulu-Natal Chapter of the South African Council of Shopping Centres. Mr […]
WE often receive instructions from anxious clients to either enforce restraint of trade agreements or to evade them. What is surprising, however, are some common misunderstandings regarding these agreements and the relevant legal principles. The starting point, of course, is that there needs to be an agreement. There is no right, in the absence of […]
Business rescue presents an opportunity for a more flexible approach to company restructuring. A number of corporate steps can be taken to restructure a company. These include the issue of shares, a change in the terms or classification of issued shares, a share buyback or any other scheme of arrangement. There is usually a range […]
The Davis Tax Committee report on estate duty indudes recommendations regarding the taxation of tmsts. Trusts are creatures both of statute and common Jaw and have developed over many decades. Trusts have various uses including protection of assets from creditors, continuity of ownership on death of the estate planner, preservation of wealth, control of financial […]
Modern business is fast-paced, often concluded in a rush of e-mails, phone calls and even by SMS or WhatsApp. The law can be slow in keeping up with advancements in technology and needs to be adapted and interpreted by courts in a way that is sensible in the 21st century. Often a contract will contain […]
law firms in town. Many are big national names. However, one of these firms fiercely guards its independence as a home grown success story that can better rise to the challenges faced by Durban companies. Michael Jackson, the managing partner at Cox Yeats, which offers a wide range of commercial legal services, believes the somewhat […]
For businesses that want to maintain and improve BEE rating under the general codes of good practice, securing black ownership is the key. One of the objectives of the Broad-Based Black Economic Empowerment Act is to facilitate a change in the racial composition of business ownership. In line with this, ownership holds the second-highest weighting […]