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New POPI Act brings operational, financial and legal burden to businesses and their third party outsource service providers

22 May 2014

There could be serious operational, financial and legal implications for businesses that actively outsource a large proportion of their operations to third party service providers, particularly some critical business activities once the new Protection of Personal Information Act (POPI) comes into effect. These concerns will affect the outsource service providers too.

Contractual liability exclusions in insurance policies

11 May 2014

Insurers cannot use the contractual liability exclusion in a construction policy to deny coverage for defective work unless the builder assumes special liabilities in the contract that they would not otherwise have had.

Duties and potential liability of the independent expert

08 May 2014

One of the key features that the Companies Act, No 71 of 2008 (Companies Act) introduced when it came into force in May 2011 is the substantially revised and simplified process for the implementation of a scheme of arrangement between a company and its shareholders (or other securities holders), in s114 of the Companies Act.