Archive for Aug 2014

DIRECTORS : YOUR NEW RISK OF PERSONAL LIABILITY FOR PENSION CONTRIBUTIONS

“Corporation: An ingenious device for obtaining individual profit without individual responsibility” (P.T. Barnum) All too often employees of a cash-strapped business only find out too late (when the business finally fails and is liquidated) that management has been deducting pension fund contributions from their earnings and not paying them over to the pension fund. The…

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A GAME OF HOMES – SEA VIEW WARS

“A verbal contract isn’t worth the paper it’s written on” (Samuel Goldwyn) A recent Supreme Court of Appeal (SCA) judgment underlines once again the need to properly record any and all agreements relating to your property. Sea views and servitudes: Neighbours at war Cape Town (Bantry Bay) neighbours – let’s call them A and B…

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