levies 650

Your Body Corporate and Arrear Levies: To Sequestrate or Not To Sequestrate?

Debt Recovery, Insolvency / Liquidation, Litigation, Property /

“…aye, there’s the rub” (Shakespeare) Levies are the lifeblood of a sectional title scheme, and the Body Corporate has a duty to recover arrears from defaulting owners. It has the power, in addition to following standard debt collection procedures and perhaps approaching the Community Schemes Ombud for assistance, to apply for the sequestration of the […]

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alarm panel activated

Suing Your Security Company: The Case of a Burgled Butchery

Criminal Law / Crime, General Interest, Litigation /

“Somewhat ironically, given the fact that the phrase “not a sausage” is originally derived from the Cockney rhyming slang “sausages and mash” meaning “cash”, they got away with not a sausage from the butchery but a great deal of cash” (extract from judgment below) When you employ a security company to provide alarm monitoring and

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scam alert

Property Scams – Beware (Cyber) Wolves in Sheep’s Clothing!

Criminal Law / Crime, Property /

“Beware the wolf in sheep’s clothing” (Aesop’s Fables) Cybercrime levels are surging, and it didn’t take the scammers long to figure out that when you buy and sell property you become a prime target because of course – Property transactions provide rich pickings, often very rich pickings. Electronic communication between attorneys and clients, which is

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Lending Money Repayable “On Demand”: Beware Prescription!

Credit Law, Debt Recovery, Litigation /

“…prescription started its deadly trudge on the day the loan at issue in these proceedings was advanced” (extract from judgment below) You will know that most debts prescribe (become unclaimable) after 3 years, so as a creditor you need to know exactly when it starts running. From that moment on, the clock is ticking… A recent Constitutional Court

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real estate stress

How to Escape from a Property Suretyship

Company / Corporate / Compliance, Litigation, Property /

“Suretyship is the precursor of ruin” (Thales of Miletus, one of the Seven Sages of Ancient Greece) As the philosopher and mathematician Thales pointed out two and a half millennia ago, signing surety for another’s debts carries huge risk. Yet every day directors of property holding companies happily sign personal suretyships for their company’s (usually

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fired businessman reading the notice of job termination

Depressed and Dismissed – A Hard Lesson for a Hard Employer

Employment and Labour Law /

A recent Labour Court decision shows how dangerous it is as an employer, when attempting to dismiss an employee, not to draw a clear distinction between misconduct and incapacity.   Disciplined for depression An employee, whose track record had originally been an excellent one, was charged at a disciplinary enquiry with four  charges of misconduct

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your daily routine matters

Your Website of the Month: Science and Your Daily Routine

Business, General Interest, Website of the Month /

“The Greatest Wealth is Health” (Virgil, Roman poet)   We lead increasingly hectic lives, and in the business world in particular we desperately need to find efficient and effective ways to maximise our health. Probably the best and easiest way of achieving that is to set up and follow a good, healthy daily routine. Routines

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