Legal Articles and Guides
Ex-husband sequestrated over maintenance default
Defaulting on maintenance has had costly consequences for a father who has not paid any maintenance for the former couple’s only child in the more than 28 years since the divorce – he now faces a bill in arrears of more than R2m.
End of the road for real estate blockchain firm
A Stellenbosch company offering 'tokenised real estate on the blockchain' has been placed into provisional liquidation.
MTI liquidators still receiving claims
Liquidators of Stellenbosch-based Mirror Trading International (MTI), which has attracted worldwide attention after its CEO Cornelius Steynberg defrauded nearly 30 000 unsuspecting investors of billions of rands, are continuing to receive claims.
Diamond dealer’s assets attached
The provisional liquidators of Gauteng diamond dealer Louis Liebenberg's company Tariomix, accompanied by a sheriff, yesterday attached items of furniture from an office complex in Kempton Park.
Curator ordered to explain status of diamond company
The Mahikeng High Court has ordered a curator, appointed by SARS to oversee Gauteng diamond dealer Louis Liebenberg's company Tariomix, to explain what he has been doing for the past two years.
Minister demands answers on liquidation of SA Post Office
Minister of Communications & Digital Technologies Mondli Gungubele has raised concerns with the liquidation of the SA Post Office (Sapo) and demanded answers from the top governing structures.
Tug of war among post office creditors
The tug of war among creditors of the South African Post Office (Sapo) is intensifying with more than one provisional liquidation order already granted against the financially stressed state-owned entity, reports Fin24.
Sekunjalo unable to support Independent Media
Iqbal Survé-chaired Sekunjalo said it had ploughed billions of rands into Independent Media without any help from other shareholders, and now, because of load shedding, high paper prices and the impact of Covid-19 and the July 2021 unrest, it ‘cannot continue to support the company’ any longer, reports Fin24.
Companies cannot ignore liquidators
The SCA has sounded a warning to all companies to take liquidation proceedings seriously, even ones in which they are not the company being liquidated.
Shareholders scuppered Steinhoff restructuring plans
A shareholder group from Germany has been identified as the main opponent voting against all the resolutions at Steinhoff’s AGM last Thursday.
Liquidation looms large for Steinhoff
Steinhoff’s future hung in the balance yesterday after shareholders of the retail holding firm voted against the debt restructuring deal, substantially raising the prospect of liquidation.
Liquidation order for Shivambu company over R11.5m debt
The Gauteng High Court (Pretoria) has ordered the liquidation of Grand Azania, a company owned by Brian Shivambu, the brother of EFF deputy president Floyd Shivambu, over unpaid tax amounting to R11.5m.
Zuma donor to contest diamond business liquidation order
A lawyer for Gauteng diamond dealer Louis Liebenberg says his client will head to court next week in an urgent bid to set aside the provisional liquidation of his company, Tariomix, reports Fin24.
SCA hears case on directors’ rights during business rescue
The SCA is set to decide on the role of directors during voting on business rescue plans.
Liebenberg’s diamond business provisionally liquidated
Tariomix, a company linked to Louis Liebenberg, has been provisionally liquidated by order of the North West High Court.
