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CORPORATE AND COMMERCIAL LAW

Our law experience has allowed us to maintain a competitive leadership position, representing a broad array of public and private companies, private equity firms and financial institutions, governmental entities, and other institutions and individuals in almost every industry.

  • Mergers and acquisitions
  • Disposals
  • Joint ventures and partnerships
  • Private equity
  • Security issues
  • Corporate governance
  • Due diligence investigations
  • Foreign direct investment
  • Corporate structuring and restructuring
  • Franchise
  • Commercial contracts

Braw Transformation Outsourcing (Pty) Ltd / Alexius Dumisani Tshabalala and Revan Soma

 

In this matter, Braw Transformation and Alexius Tshabalala (our clients) sought an interim relief in a form of an urgent interdict against Revan Soma (“Revan”) from acting in his capacity as a Director of the company pending the declaration of the Revan as being a delinquent in terms of Section 162(2)(b)(i) read with 162(5)(c)(iv) (aa) of the Companies Act 71 of 2008 (“Act”).

 

The allegations against Revan Soma were that he acted in a manner that amounted to gross negligence, wilful misconduct and/or breach of trust in relation to the performance of the Director’s functions within, and duties to the company. Our firm successfully declared Revan a delinquent Director and costs were ordered against him.

 

Pooosh Cellular (Pty) Ltd v Italk Cellular (Pty) Ltd & 3 Others

 

Pooosh Cellular brought an urgent application under case number 48153/2009 against ITalk Cellular, MTN Holdings, Mobile Telephone Networks and MTN SP for a declaratory order declaring that the Corporate Network Services Agreement is valid.

 

Pooosh subsequently instituted a damages claim against ITalk and 3 Others in the amount of R495 870 065.00.

 

Termination of a Contract

 

The firm acted for MTN. MTN instituted action against the Service Provider for payment of R30 000 000.00 (Thirty Million Rand) alternatively R56 020 357.49 (Fifty Six Million Twenty Thousand Three Hundred and Fifty Seven Rand Forty Nine Cents) together with interest. The claims are in respect of and arising out of the Corporate Network Services Subscription Agreement entered into between the parties. The matter was finally settled in favour of MTN.