The Sarbanes-Oxley Act of 2002 (SOX) was hurriedly passed by the United States Congress in reaction to the spate of <I>fin de siècle</I> accounting scandals that blighted the US corporate landscape.

A recent interim relief order of the Competition Tribunal has raised concerns in relation to restraints of trade. The order was given in the context of a 10 year restraint given by Nedschroef in favour of Teamcor and CBC Fasteners.

The Competition Commission has released draft amendments to the Small Merger Guidelines, proposing significantly higher thresholds for small merger notifications. These changes aim to capture potentially anti-competitive acquisitions in digital and technology markets where target firms are acquired before generating substantial turnover or assets, but possess significant future growth potential.

Recently, the Competition Appeal Court (CAC) reversed the decision of the Competition Tribunal in the matter of Nationwide Poles CC and Sasol Oil (Pty) Ltd.

The Supreme Court of Appeal recently examined the distinction to be drawn between agreements concluded as a consequence of normal and acceptable economic bargaining on the one hand, and unconscionable and unlawful duress on the other hand.

In an effort to salvage your business, you resolve to place it into business rescue and proceed to appoint an appropriate business rescue practitioner (BRP).

Something about the festive season creates a ‘buzz' of excitement. More often than not, it is this ‘buzz' which makes the festive season that much more memorable.

Company A owed rent to Company B and a large amount of unpaid tax to the South African Revenue Service (SARS). A was liquidated but had no assets because an associated company C had taken over its assets without paying for them.

There is a worldwide movement afoot to acknowledge and protect indigenous biological and genetic resources as well as traditional knowledge and traditional use of such resources peculiar to the indigenous people of particular countries.

Throw into the mixing bowl: The burgeoning sophistication of radical terror groups; Moore's law (the number of transistors in a dense integrated circuit doubles about every two years);

The Competition Appeal Court (CAC) recently reversed the Competition Tribunal's decision to conditionally approve the merger between Momentum Group Limited (Momentum) and African Life Health (ALH), in which Momentum acquired the entire share capital of ALH.

It is undeniable that South Africa is in the midst of a sexual offences epidemic. The recent national crime statistics reflect that 52,420 sexual offences occurred in 2019...

An experienced attorney at one of South Africa's Big Five law firms reflects on a pivotal conversation during her early career that shaped her perspective on balancing professional success with personal life. The discussion with her reporting director during her articles period left a lasting impression about navigating the demands of a legal career alongside family commitments.

Section 197 of the Labour Relations Act (the Act) regulates the employment law consequences of a transfer of the whole or part of a business as a going concern.

An impending amendment to the revenue laws could cause a purchaser of immovable property to pay up to 10% of the purchase price by way of tax on behalf of a seller, plus penalties.

The United Kingdom Supreme Court's judgment in Tower MCashback LLP1 v HMRC was reported in the latest Simon's Tax Cases.

In the early days of merger review, competition authorities were generally less concerned with the vertical impact of mergers than with the consolidation of market power on a horizontal level.

The macro-economic rationale that lies at the heart of black economic empowerment (BEE) is to address the widespread disparities of ownership of productive assets, participation in the economy and skewed social welfare by means of state intervention.

Since the Minister of Communications removed certain statutory restrictions imposed on value added network service licensees (Vans) in September 2004, the industry eagerly anticipated 1 February 2005. This was the effective date for the removal of the restrictions and the opening of the sector to greater competition, with attendant benefits of lower telecommunications service costs and wider consumer choice.

A case of alleged abuse of dominance recently came before the Competition Tribunal. South African Airways (SAA) stood accused of abusing its dominant position in one market (the market for air tickets sold through travel agents for domestic scheduled airline flights) to exclude competitors from a second market (the market of scheduled domestic airline flights).