Archive for Jan 2017

ZERO TOLERANCE?

At a recent commissioners meeting it was observed that when employers defend dismissal cases, they often devote all their energy to proving that the employee was guilty of the misconduct in question and then skim over whether dismissal was the appropriate sanction for the misconduct or not. They often simply rely on a so-called ‘zero…

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SIGNING SURETY – THE STING’S IN THE TAIL

“She just did not want to be liable if he defaulted, a common regret felt by those who stand surety for defaulting debtors” (extract from judgment below) In the beginning ….. You are totally relaxed.  The bank won’t give your son/daughter/spouse/partner/company/friend a loan unless you sign surety and, as always, it seems perfectly safe at…

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BUYING TO BUILD IN A DEVELOPMENT? READ THIS

“When you’re talking about building a house, you’re talking about dreams” (Architect Robert Stern) There are many advantages to buying a vacant plot on which to build your dream house in a property development, but there are also potential risks to be managed.  Discuss the pros and cons with your lawyer before you agree to…

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STARTING A BUSINESS IN 2017: THE PRIVATE COMPANY OPTION

“My best entrepreneurial advice is to start” (Dave Morin, entrepreneur, angel investor, CEO and co-founder of social network Path) In our last article in the series “Choosing the right legal entity for your business” we looked at the partnership option.  Let’s move on to the private company option, where your business is owned and operated,…

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