IN THE NEWS
Beneficial Ownership disclosure deadline looms for businesses
The Companies and Intellectual Property Commission (CIPC) has set new obligations for reporting beneficial ownership information, with the next deadlines linked to each company’s date of inception. This requirement means that businesses have only 30 days from this anniversary date to declare their beneficial owners, much like annual return filings, while newly registered companies must ... Read more
Financial spring cleaning tips you can’t ignore
It’s that time of year again when you’re swapping out your winter wardrobes for summer, ... Read more
I have been served with a summons, now what?
Life can be unpredictable and challenging, and there may come a time when you end ... Read more
Faults, flaws and voetstoots – what you need to know when selling or buying a property
Many sellers (and buyers) find themselves in murky waters around understanding their rights and obligations ... Read more
Severe consequences for impeachable transactions in liquidation
Commercial law attorney PJ Veldhuizen from Cape Town-based law firm Gillan and Veldhuizen Inc. has warned that the recent case of a liquidation involving a ... Read more
The robot made me do it; exploring the risks of AI in legal contract drafting
In a recent interview, PJ Veldhuizen, a commercial attorney, litigator, and mediator at Gillan & Veldhuizen Inc., delved into the potential pitfalls of utilizing AI ... Read more
The Texas Auction clause provides an effective tool for resolving shareholder disputes in 50:50 joint ventures
Investors in joint ventures, start-ups and other new business enterprises are increasingly turning to professional, legal counsel to ensure their interests are protected. A professionally ... Read more
How to brief your attorney and manage the relationship beneficially
An attorney and a client's relationship should be one of mutual respect and trust; one that requires transparency, honesty, integrity, availability, respect for the financial ... Read more
Drafting a will in a blended family – ‘it’s complicated’
“Succession planning can be a complicated matter even in a simple family structure and not having a concrete plan can lead you to debilitating legal ... Read more
Gillan & Veldhuizen Inc. announces association with PHG, South Africa’s largest legal network
As part of its corporate strategy going into 2023 Gillan & Veldhuizen Inc. has announced an association with Phatshoeane Henny Group (PHG), the largest association ... Read more
Business rescue vs liquidation: What is the best option for my company?
If your company is in financial difficulty, whether due to load-shedding woes, mis-managed funds, outstanding debts or otherwise, there are really only two choices you ... Read more
Making hay while the sun shines – establishing rules of engagement with your solar installer
As many South Africans surrender to the country’s energy crisis and turn to alternative solutions to counteract power outages, certain go-getters are seizing the moment ... Read more
Resolving shareholder disputes in a fifty-fifty relationship
According to commercial law attorney, PJ Veldhuizen there is a marked increase in the number of shareholder disputes within the SMME sector in South Africa. ... Read more
Flying solo – how to sell your property without an agent
Finding an estate agent to sell your property ranks in the top tier for many property owners on the ‘tiresome-task’ list as listing and negotiating ... Read more
New appointment
PJ Veldhuizen, Managing Director of commercial law firm Gillan & Veldhuizen Inc., has been appointed to serve on the Investigating, Disciplinary and Mediation Committees of the Legal ... Read more
What constitutes a contract?
When a handshake just won't cut it. Knowing whether you have a valid contract is not always as simple as it seems. We all know ... Read more
Phantom Shares: Redefining employee incentives
Companies across South Africa are exploring methods to incentivise and retain their workforces, with the adoption of Phantom Shares emerging as a promising solution. This alternative strikes a balance between traditional equity-based compensation and non-equity returns, presenting compelling options for both employers and employees. The ... Read more
The Texas Auction clause provides an effective tool for resolving shareholder disputes in 50:50 enterprises
Investors in joint ventures, start-ups and other new business enterprises are increasingly turning to expert, legal counsel to ensure their interests are protected. Professionally drafted MoI and shareholder agreements is a key component of this strategy providing investors with comprehensive protection when dealing with internal ... Read more
Warning to South African businesses: AI Policies essential for navigating legal, ethical, and security risks
Gillan and Veldhuizen Inc., a Cape-based legal firm specialising in dispute resolution, has issued a timely warning to businesses in South Africa about the necessity of including AI policies in their company policy documents. In a recent interview, Managing Director, PJ Veldhuizen warned of the ... Read more
The importance of plain language in property agreements
Have you ever started to read through a document, contract or terms and conditions, only to find yourself halfway in, thinking, "Ah, I'm sure it's all fine," and then scrolling down, signing and accepting without a second thought? But what happens when a query arises ... Read more
Severe consequences for impeachable transactions in liquidation
Commercial law attorney PJ Veldhuizen from Cape Town-based law firm Gillan and Veldhuizen Inc. has warned that the recent case of a liquidation involving a Close Corporation and a creditor is a clear example of collusive conduct and the consequences of impeachable transactions. In the ... Read more
The robot made me do it; exploring the risks of AI in legal contract drafting
In a recent interview, PJ Veldhuizen, a commercial attorney, litigator, and mediator at Gillan & Veldhuizen Inc., delved into the potential pitfalls of utilizing AI in legal contract drafting, shedding light on the complexities of the South African judicial system and the indispensable role of ... Read more
The Texas Auction clause provides an effective tool for resolving shareholder disputes in 50:50 joint ventures
Investors in joint ventures, start-ups and other new business enterprises are increasingly turning to professional, legal counsel to ensure their interests are protected. A professionally drafted shareholder agreement is a key component of this strategy providing investors with comprehensive protection against potential disputes and losses. ... Read more
How to brief your attorney and manage the relationship beneficially
An attorney and a client's relationship should be one of mutual respect and trust; one that requires transparency, honesty, integrity, availability, respect for the financial aspect and timeous responses to missed calls and emails. To assist in formulating a plan for the relationship, PJ Veldhuizen, ... Read more
Drafting a will in a blended family – ‘it’s complicated’
“Succession planning can be a complicated matter even in a simple family structure and not having a concrete plan can lead you to debilitating legal issues down the line.” That’s according to PJ Veldhuizen from law firm Gillan and Veldhuizen Inc. Veldhuizen stressed that scenario ... Read more
Gillan & Veldhuizen Inc. announces association with PHG, South Africa’s largest legal network
As part of its corporate strategy going into 2023 Gillan & Veldhuizen Inc. has announced an association with Phatshoeane Henny Group (PHG), the largest association of independent law firms in South Africa. PHG’s national network spans 9 provinces and represents the largest network in South ... Read more
Business rescue vs liquidation: What is the best option for my company?
If your company is in financial difficulty, whether due to load-shedding woes, mis-managed funds, outstanding debts or otherwise, there are really only two choices you have when it comes to legal options; that being business rescue or liquidation. To put it plainly, a successful business ... Read more
Making hay while the sun shines – establishing rules of engagement with your solar installer
As many South Africans surrender to the country’s energy crisis and turn to alternative solutions to counteract power outages, certain go-getters are seizing the moment and making the most out of the demand. Solar energy system providers and installers are popping up left, right and ... Read more