While the sharing of board members can create a problem where conflicts of interest arise, do not assume that every transaction between members of a group of companies creates a conflict of interest.
In South Africa, security over financial instruments is typically established through a pledge, cession in security, or a combination of...
Directors often delegate certain functions and tasks to company employees or rely on the advice of experts. However, under South African...
In South Africa, banking and finance transactions often involve suretyships and guarantees. A guarantor's obligation depends on what the...