Our team represented a leading US-based global professional services network
Our team represented a leading US-based global professional services network
We represented a leading US-based global professional services network in a cluster of related actions where so-called investors, who had invested their monies in a Ponzi scheme, sought an indemnity from our client should they not recover their money from the fraudster's estate.
You might also be interested in

4 Mar 2025
Our Dispute Resolution practice win at the 2025 Chambers Africa Awards
We sincerely thank our esteemed clients for their feedback, which facilitated our Dispute Resolution practice in winning South Africa Full-Service Law Firm of the Year in the Dispute Resolution category at the 2025 Chambers Africa Awards, held online on 27 February 2025.
Firm News
2 min read

10 Apr 2025
by Njeri Wagacha and Kevin Kipchirchir
Public participation as a key element of public-private partnerships (PPPs) in Kenya
Njeri Wagacha, Partner, and Kevin Kipchirchir, Associate in the Corporate & Commercial practice in Kenya, were recently featured in the 2024 annual issue of DealMakers Africa, sharing insights on public participation as a key element of public-private partnerships (PPPs) in Kenya.
Corporate & Commercial Law
1 min read

21 Feb 2025
by James Ross
The Impact of the Climate Change Act on the Mining Industry
James Ross, Senior Associate in the Corporate & Commercial practice, was recently featured in Engineering News and Mining Weekly, where he discussed 'The Impact of the Climate Change Act on the Mining Industry.'
Mining & Minerals
1 min read

9 Apr 2025
by Alistair Young and Anton Ackermann
Water infrastructure in South Africa: The promise and limitations of the new South African Water Resources Infrastructure Agency
South Africa’s water infrastructure is under severe strain due to aging systems, inadequate maintenance and increasing demand driven by urbanisation, population growth and severe climate events. The deterioration of infrastructure has resulted in poor water quality, intermittent supply in some regions, and heightened vulnerability due to drought. Both Cape Town and Gqeberha have recently come close to “ Day Zero ”, when dam levels reached extremely low levels resulting in the implementation of strict water rationing.
5 min read

15 Jan 2025
by Nastascha Harduth
Implications for creditors in light of Van Zyl v Auto Commodities (Pty) Ltd revisited: Understanding sections 154(1) and 154(2) of the South African Companies Act 71 of 2008
The South African Companies Act 71 of 2008 (Companies Act) provides a framework for business rescue proceedings, aimed at rehabilitating financially distressed companies. Sections 154(1) and 154(2) of the act are particularly significant as they address the consequences of a business rescue plan for creditors’ claims. The case of Van Zyl v Auto Commodities (Pty) Ltd (ZASCA 67) offers valuable insights into the interpretation and application of these provisions, especially concerning the liability of sureties.
Corporate Debt, Turnaround & Restructuring
4 min read

17 Oct 2024
by Alex Kanyi and Charity Muindi
Rethinking staff outsourcing contracts from a tax perspective
On 30 August 2024, the Tax Appeals Tribunal (Tribunal) delivered a judgment in Appeal E433 of 2024 (judgment), in which it held that the reimbursement of staff costs made by a charitable foundation (Foundation) to a non-charitable but related company (Related Co) under a staff secondment arrangement was subject to withholding tax (WHT) since the costs amounted to management or professional fees. This marks a departure from its earlier decision in Two Lakes Packaging Services Limited v Commissioner of Domestic Taxes (Appeal Number 420 of 2021) (Two Lakes), in which the Tribunal held that WHT should not be deducted from recharges of staff salaries.
Tax & Exchange Control
4 min read