Menachem Gudelsky

Associate

Menachem Gudelsky is an Associate in our Corporate & Commercial practice. Menachem specialises in local and cross-border mergers and acquisitions, private equity transactions, corporate structuring and restructuring, and renewable energy law.

Menachem Gudelsky

About Menachem

After graduating cum laude from the University of Johannesburg, Menachem joined Cliffe Dekker Hofmeyr as a Candidate Attorney in 2021. Menachem was appointed as an Associate in our Corporate and Commercial practice in 2023 and was admitted as an Attorney of the High Court of South Africa in the same year.

Areas of expertise

Experience

  • Advised the AIIM managed IDEAS Fund and its affiliated entities on the restructuring of the IDEAS Fund and all its underlying renewable energy and infrastructure assets to constitute an integrated renewable energy platform known as Anthem, which is one of South Africa's largest Independent Power Producers, and which included advising the IDEAS Fund on the introduction of Mahlako Energy Fund and Norfund as investors in Anthem.

  • Advised a start-up company in South Africa on simultaneous investments by two South African investment firms (via subscription), one UK-based fund (via loan) and one EU-based company (via a convertible loan), in respect of servicing an e-hailing app entering the South African market.

  • Advised an investment firm on a purchase of a minority shareholding in one of the largest SA-based renewable energy companies, which develops, owns and operates solar and wind projects.

  • Advising the founders of technology start-ups incorporated in Delaware.

  • Advising local and multinational clients.

  • Menachem has experience advising local and multinational clients on mergers and acquisitions, due diligence investigations, corporate reorganisations and restructures, bespoke commercial contracts, Broad-Based Black Economic Empowerment, corporate governance and Companies Act and FICA compliance. He has specialised knowledge of the South African regulatory landscape, with a focus on the mining, aviation, film, industrial and logistics sectors.

  • Menachem has experience in transactional work, such as drafting the transaction documents and assisting with closing of deals.

  • Advised on several mergers and acquisitions in the unlisted space, including corporate actions including, share buy-backs, corporate restructuring and rights offers, as well as general commercial, corporate and regulatory issues.

  • Conducting legal due diligence investigations and drafting due diligence reports and assisting with company secretarial work, including the formation of private companies, drafting of resolutions and other company constitutional documents.

Credentials

Education

  • LLB (cum laude), University of Johannesburg
  • Year of admission as an attorney: 2023
  • Registered with the Legal Practice Council

LANGUAGES

  • English

News

Time-travelling contracts: Pre-incorporation contracts under the Companies Act
Corporate & Commercial Law

Time-travelling contracts: Pre-incorporation contracts under the Companies Act

Starting a business is challenging enough – ensuring it runs smoothly and is able to successfully operate from day one should not be one of those challenges.

Courts not so unanimous about unanimous assent
Corporate & Commercial Law

Courts not so unanimous about unanimous assent

In the recent case of Cowan and Others v Norton and Others (2024/090281) ZAGPJHC 358 (25 March 2025) the Johannesburg High Court considered the validity of company actions ratified...

Measure twice, cut once: Recent case law on how to remove company directors
Corporate & Commercial Law

Measure twice, cut once: Recent case law on how to remove company directors

In any war between factions of shareholders, the first battle typically plays out in respect of board composition, as that is the central decision-making organ of a company. The procedures regarding...

Recent amendments to South Africa’s trust and non-profit organisation legislation in response to the Financial Action Task Force greylisting: Part two
Corporate & Commercial Law

Recent amendments to South Africa’s trust and non-profit organisation legislation in response to the Financial Action Task Force greylisting: Part two

Part one of this series ( which you can read here ) dealt with the amendments that are relevant to non-profit organisations. As alluded to in that article, the General Laws (Anti Money...

Recent amendments to South Africa’s non-profit organisation legislation in response to the FATF greylisting
Corporate & Commercial Law

Recent amendments to South Africa’s non-profit organisation legislation in response to the FATF greylisting

In 2021, the Financial Action Task Force (FATF) released its Mutual Evaluation Report of South Africa, which summarised the effectiveness of South Africa’s anti-money laundering and counter-terrorism...

New accountable institutions beware: Deadline ahead for submission of a risk and compliance return

New accountable institutions beware: Deadline ahead for submission of a risk and compliance return

On 31 March 2023 the Financial Intelligence Centre (FIC) issued Directive 7 in terms of section 43A(3)(a) of the Financial Intelligence Centre Act 28 of 2001 (FIC Act). Directive 7...

Surfing the waves of contractual interpretation
Corporate & Commercial Law

Surfing the waves of contractual interpretation

The case of Yacht Hardware CC v Zenith International Proprietary Limited JDR 3693 (WCC) is a recent appeal heard by the Western Cape High Court involving the interpretation of indemnity...

High Court sets aside B-BEE Commission’s findings
Corporate & Commercial Law

High Court sets aside B-BEE Commission’s findings

In Sasol Oil Limited v The B-BBEE Commission and Others (21415/2020) ZAGPPHC 431 (14 June 2022) the High Court of South Africa (Gauteng Division, Pretoria) was called upon to determine...

Consent or consequences? Restrictions on sale of shares in subscription agreements
Corporate & Commercial Law

Consent or consequences? Restrictions on sale of shares in subscription agreements

In Capitec Bank Holdings Limited and Another v Coral Lagoon Investments 194 (Pty) Ltd and Others 2022 (1) SA 100 (SCA) case, the Supreme Court of Appeal (SCA) was called upon to determine...

For organs of state, the institution of legal proceedings should not be a lottery
Dispute Resolution

For organs of state, the institution of legal proceedings should not be a lottery

In the recent full court appeal of Ithuba Holdings (Pty) Ltd v Lottostar (Pty) Ltd and Others Case No. A46/2020 (Mpumalanga Division of the High Court, Mbombela) 31 August 2021, the...

Retrenched in retirement: When time no longer equals money
Employment Law

Retrenched in retirement: When time no longer equals money

Employees who retire are meant to enter into new contractual relationships with their former employers. It, however, happens that the arrangements into retirement years are not properly regulated...

Is there a deadline for referral of ongoing or repetitive acts of discrimination?
Employment Law

Is there a deadline for referral of ongoing or repetitive acts of discrimination?

When does it become too late to bring an alleged unfair discrimination claim to the Commission for Conciliation, Mediation and Arbitration (CCMA) under the Employment Equity Act 55...

Time-travelling contracts: Pre-incorporation contracts under the Companies Act
Corporate & Commercial Law

Time-travelling contracts: Pre-incorporation contracts under the Companies Act

Starting a business is challenging enough – ensuring it runs smoothly and is able to successfully operate from day one should not be one of those challenges.

Courts not so unanimous about unanimous assent
Corporate & Commercial Law

Courts not so unanimous about unanimous assent

In the recent case of Cowan and Others v Norton and Others (2024/090281) ZAGPJHC 358 (25 March 2025) the Johannesburg High Court considered the validity of company actions ratified...

Measure twice, cut once: Recent case law on how to remove company directors
Corporate & Commercial Law

Measure twice, cut once: Recent case law on how to remove company directors

In any war between factions of shareholders, the first battle typically plays out in respect of board composition, as that is the central decision-making organ of a company. The procedures regarding...

Recent amendments to South Africa’s trust and non-profit organisation legislation in response to the Financial Action Task Force greylisting: Part two
Corporate & Commercial Law

Recent amendments to South Africa’s trust and non-profit organisation legislation in response to the Financial Action Task Force greylisting: Part two

Part one of this series ( which you can read here ) dealt with the amendments that are relevant to non-profit organisations. As alluded to in that article, the General Laws (Anti Money...

Recent amendments to South Africa’s non-profit organisation legislation in response to the FATF greylisting
Corporate & Commercial Law

Recent amendments to South Africa’s non-profit organisation legislation in response to the FATF greylisting

In 2021, the Financial Action Task Force (FATF) released its Mutual Evaluation Report of South Africa, which summarised the effectiveness of South Africa’s anti-money laundering and counter-terrorism...

New accountable institutions beware: Deadline ahead for submission of a risk and compliance return

New accountable institutions beware: Deadline ahead for submission of a risk and compliance return

On 31 March 2023 the Financial Intelligence Centre (FIC) issued Directive 7 in terms of section 43A(3)(a) of the Financial Intelligence Centre Act 28 of 2001 (FIC Act). Directive 7...

Surfing the waves of contractual interpretation
Corporate & Commercial Law

Surfing the waves of contractual interpretation

The case of Yacht Hardware CC v Zenith International Proprietary Limited JDR 3693 (WCC) is a recent appeal heard by the Western Cape High Court involving the interpretation of indemnity...

High Court sets aside B-BEE Commission’s findings
Corporate & Commercial Law

High Court sets aside B-BEE Commission’s findings

In Sasol Oil Limited v The B-BBEE Commission and Others (21415/2020) ZAGPPHC 431 (14 June 2022) the High Court of South Africa (Gauteng Division, Pretoria) was called upon to determine...

Consent or consequences? Restrictions on sale of shares in subscription agreements
Corporate & Commercial Law

Consent or consequences? Restrictions on sale of shares in subscription agreements

In Capitec Bank Holdings Limited and Another v Coral Lagoon Investments 194 (Pty) Ltd and Others 2022 (1) SA 100 (SCA) case, the Supreme Court of Appeal (SCA) was called upon to determine...

For organs of state, the institution of legal proceedings should not be a lottery
Dispute Resolution

For organs of state, the institution of legal proceedings should not be a lottery

In the recent full court appeal of Ithuba Holdings (Pty) Ltd v Lottostar (Pty) Ltd and Others Case No. A46/2020 (Mpumalanga Division of the High Court, Mbombela) 31 August 2021, the...

Retrenched in retirement: When time no longer equals money
Employment Law

Retrenched in retirement: When time no longer equals money

Employees who retire are meant to enter into new contractual relationships with their former employers. It, however, happens that the arrangements into retirement years are not properly regulated...

Is there a deadline for referral of ongoing or repetitive acts of discrimination?
Employment Law

Is there a deadline for referral of ongoing or repetitive acts of discrimination?

When does it become too late to bring an alleged unfair discrimination claim to the Commission for Conciliation, Mediation and Arbitration (CCMA) under the Employment Equity Act 55...

From vision to fruition.