Engelsman Magabane Incorporated brings to your attention a recent case heard by the Pretoria High Court which offers valuable insights for both lenders and borrowers. The case involved Standard Bank suing two sureties, Aubrey Schneider and Stephen Zagey, for an outstanding home loan balance.
The closure of a company through liquidation can be a stressful time for everyone involved. However, recent legal developments in South Africa emphasize protecting a particularly vulnerable group: the company’s employees. Engelsman Magabane Incorporated explains the growing focus on prioritizing employee claims during liquidation proceedings.
The world of commerce thrives on clear agreements, fair competition, and a robust legal framework. Commercial law acts as the foundation for businesses of all sizes, ensuring smooth transactions and protecting their interests.
