Contact

Ludwig Smith

Director

Ludwig Smith is a Director in our Corporate and Commercial practice. He advises clients on banking and finance transactions, corporate restructures and tax matters.

+27 (0)11 562 1500
ludwig.smith@cdhlegal.comJohannesburg
Ludwig Smith

Credentials

Credentials

Education

  • B.Com, LLB, University of the Witwatersrand
  • HDip (Company Law)
  • Year of admission: 1982
  • Registered with the Legal Practice Council

Languages

Languages

  • English

Credentials

Education

  • B.Com, LLB, University of the Witwatersrand
  • HDip (Company Law)
  • Year of admission: 1982
  • Registered with the Legal Practice Council

Languages

  • English

Experience

Acted for Old Mutual in their demutualisation.

Acted for Steinhoff International Holdings in the issue of Euro denominated convertible bonds (deal value approximately R3 billion).

Advised on the formation of the Housing Impact Fund South Africa, a private equity and debt fund with committed capital in excess of R9 billion, and the subsequent restructure of that fund in order to create three separate intermediate holding companies through which its assets are now held.

Acted Blue Financial Services in its corporate and debt restructure.

Housing Impact Fund South Africa

Advised the GEPF in connection with the restructure and corporatisation of private equity funds in which it was invested.

News

Preference share funding: SARS issues binding private ruling on section 8E and 8EA of the Income Tax Act
Corporate & Commercial Law

Preference share funding: SARS issues binding private ruling on section 8E and 8EA of the Income Tax Act

Before discussing BRP 379, it is worthwhile revisiting section 8E and section 8EA of the Income Tax Act 58 of 1962 (ITA). A thorough discussion of these sections falls outside the...
Contributed Tax Capital and Preference Shares
Corporate & Commercial Law

Contributed Tax Capital and Preference Shares

On 14 January 2022, President Cyril Ramaphosa assented to the Taxation Laws Amendment Bill, B22 of 2021 (TLAB), which introduced a host of amendments to the Income Tax Act 58 of 1962...
Providing security and dispositions without value
Corporate Debt, Turnaround & Restructuring

Providing security and dispositions without value

In terms of section 26 of the Insolvency Act, 1936, a disposition without value may be set aside by a court if certain requirements are met. Section 2 of the Insolvency Act defines...
Amendment and restatement of documents: Considerations for security providers

Amendment and restatement of documents: Considerations for security providers

In funding transactions (whether by means of debt or the issue of preference shares), funders typically require security for the funding provided. This security can take the form of...
Preference share funding: Crossing bright lines
Corporate & Commercial Law

Preference share funding: Crossing bright lines

A typical feature of a preference share funding structure is that the company (Issuer) in which the funder (Funder) will subscribe for preference shares is required to be a ring fenced...

All articles by Ludwig

Market recognition

  • Chambers Global 2024 ranked Ludwig as a ‘Senior Statesperson’ for banking & finance.
  • Chambers Global 2012–2023 ranked him in Band 1 for banking & finance and in 2017–2022 he was ranked in Band 3 for tax.
  • The Legal 500 EMEA 2020–2024 included Ludwig in the ‘Hall of Fame’.
  • The Legal 500 EMEA 2017–2019 recommended him as a leading individual for banking & finance, and recommended Ludwig for tax in 2013, 2017–2023. 

Market recognition

  • Chambers Global 2024 ranked Ludwig as a ‘Senior Statesperson’ for banking & finance.
  • Chambers Global 2012–2023 ranked him in Band 1 for banking & finance and in 2017–2022 he was ranked in Band 3 for tax.
  • The Legal 500 EMEA 2020–2024 included Ludwig in the ‘Hall of Fame’.
  • The Legal 500 EMEA 2017–2019 recommended him as a leading individual for banking & finance, and recommended Ludwig for tax in 2013, 2017–2023. 

This website uses cookies to enhance the browsing experience. For more information, please see our Cookie Policy.

Accept Decline