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A Heads of Terms document was not intended to be binding – Pretoria v Blankney 2022

A Heads of Terms document was not intended to be binding – Pretoria v Blankney 2022

by Your Business Lawyer | Jun 17, 2022 | Legal Updates

In Pretoria v Blankney, the High Court concluded that a signed document titled “Heads of Terms of Proposed Agreement” did not create a legally binding lease agreement. The judge applied familiar principles: Was there an intention to create legal relations...

Are two Directors required to authorise legal proceedings?

by Your Business Lawyer | May 27, 2022 | Legal Updates, YBL Blogs

Are two directors required to authorise the commencement of legal proceedings? Yes says the High Court. The High Court has considered whether one of two directors (Director A) had authority to instruct solicitors on the company’s behalf to apply for an...

Share Purchase Agreement: Liability of Non-Contracting Party for Misrepresentation and Breach of Warranty – High Court Case

by Your Business Lawyer | May 27, 2022 | Uncategorized

The High Court has considered, in the context of a share purchase transaction, whether the beneficial owner of half the sale shares (B) was liable for fraudulent misrepresentation and breach of warranty claims brought by the buyer (IV), in circumstances where B had...
Was Termination Of A Contract Due to the Covid-19 Pandemic Permitted As A Force Majeure Event

Was Termination Of A Contract Due to the Covid-19 Pandemic Permitted As A Force Majeure Event

by Your Business Lawyer | Feb 4, 2022 | Legal Updates, YBL Blogs

TL;DR The Commercial Court has dismissed a claim brought by European Professional Club Rugby for wrongful repudiation by RDA Television LLP (RDA) of a media rights agreement, following RDA’s termination of the agreement pursuant to a force majeure clause when...
What should I do if my business partner wants to leave?

What should I do if my business partner wants to leave?

by Your Business Lawyer | Dec 23, 2021 | YBL Blogs

A business partnership can be problematic when one partner wants out of the business. This scenario could crop up due to many reasons, such as: Retiring Disagreements Career or goal changes Personal commitments If you’re on the receiving end of this scenario, what are...
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