Werksmans

Today, as we commemorate Freedom Day, we reflect on the enduring fight for liberty. Let's pay tribute to the sacrifices of the past and collaborate towards shaping a more promising future together.

We are proud to be attending as well as one of the sponsors to the annual SAVCA Private Equity Conference. The Werksmans' delegation attending comprise, Director and Head of Investment Funds, Shayne Krige, along with Directors Hilah Laskov, Jarryd Mardon, Bafana Ntuli, and Aarthi Ramdhin and Senior Associates, Mbongiseni Hlongwana and Wesley Vos,

Shayne Krige will form part of an interesting and topical panel discussion unpacking sustainability and climate change in the context of Impact Investing and the role of ESG in investment performance.

We look forward to connecting with industry peers in the South African investment landscape.

We are immensely proud to have been acknowledged as having acted as legal advisor to the winning Deal of the Year announced at the DealMakers Awards held last night at the Sandton Convention Centre, in a transaction encompassing the disposal by Life Healthcare of 100% of its interest in its European based diagnostics business Alliance Medical Group (AMG) to iCON Infrastructure.

A huge congratulations to the winning teams comprising members across our Private Equity and Banking & Finance practice areas which was led by Elliott Wood together with Julian van Niekerk, Tracy-Lee Janse van Rensburg and Kyle Changlrayn.

In this article by Nastascha Harduth, she sheds light on the complexities surrounding the replacement of an interim business rescue practitioner and provides valuable insights into the legal implications of this process and the factors that need to be considered.

Read the full article here - http://tinyurl.com/24p6r6w5

In this insightful article by Eric Levenstein, Director and Head of Insolvency & Business Rescue, he discusses the possibility of restoring a financially distressed company to solvency in corporate South Africa.

The article draws from discussions at the South African Restructuring and Insolvency Practitioners Association NPC (SARIPA) conference, where practitioners debated the issue of how the restructuring profession can work towards bolstering the alternative of a solvent restructuring in the South African business rescue space.

Read the full article http://tinyurl.com/yc5nm4ze

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This article by Bankey Sono, Director, and Neo Sewela, Associate, emphasises the importance of placing a complete record of arbitration proceedings, specifically focusing on the transcript of the arbitration proceedings.

The article discusses the duty of all parties in review proceedings to provide a full and proper record before the reviewing court, emphasising the significance of the transcript of the arbitration proceedings in assessing the award under review.

To delve into the details of this crucial aspect of arbitration, we invite you to read below http://tinyurl.com/mrymxmpr

Dr. Eric Levenstein, Director and Head of Insolvency & Business Rescue, discusses the future paradigm for insolvency.

In this article he explores the impact of distressed corporates, economic uncertainty, and director apathy on insolvency practitioners in South Africa, drawing from Dr. Levenstein's experience as the Head of our Insolvency and Business Rescue Practice and his involvement with the South African Restructuring and Insolvency Practitioner Association (SARIPA) and INSOL International.

Read the full article here http://tinyurl.com/2p8ybp5s

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We're thrilled to share an insightful article on the international trends in AI governance by Preeta Bhagattjee, Director and Head of the Technology & Innovation practice.

In this article, Preeta explores the latest developments in AI regulation and the various approaches taken by countries leading AI innovation. Discover the market-driven approach adopted by the US and the UK, as well as the consumer protection-driven strategy of the EU. 🤝

Gain valuable insights into the legal and ethical implications of AI systems and the critical need for responsible governance.

Read more here http://tinyurl.com/2nevtzcp

In this article Ngwalemorwa Matsapola, Candidate Attorney, offers valuable insights for individuals preparing for their initial meeting with a legal professional, emphasising the importance of being adequately prepared and asking carefully thought-out questions.

To read the full article and learn more about optimising your first consultation, click below http://tinyurl.com/c2uuhtp7



Reviewed by Naledi Motsiri, Director.

In this article Jacques van Wyk, Director, and Nombulelo Bashe, Candidate Attorney discuss the amended Rules for the Conduct of Proceedings before the for Conciliation, Mediation, and Arbitration (CCMA), which came into effect on 24 April 2023.

Highlighting significant changes in the calculation of time periods for referrals, document filing, and notice delivery, providing essential insights for all parties involved in the CCMA process.

Read more http://tinyurl.com/ycxmz3a9

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Today, we extend a warm welcome to our summer break students joining us at our offices in Cape Town and Johannesburg!

We wish them all the best during their time with the team.

✨ May the holiday season bring you and your loved ones happiness, warmth, and good cheer. Happy Holidays from all of us at Werksmans Attorneys.

Today, on World AIDS Day, we stand in solidarity with those living with HIV and honour the lives of those who have been affected by this disease.

Let's take this opportunity to raise awareness, show support, and work towards an HIV-inclusive world.

A comprehensive look at the Financial Services Conduct Authority's declaration of crypto assets as financial products and its implications for the industry.

In this article, Aphindile Govuza, Director and Hlonelwa Lutuli, Candidate Attorney, delve into FSCA South Africa's declaration and its potential impact on crypto providers. Don't miss out on this insightful read!

Click the link to read the full article https://tinyurl.com/bde2az8b

We're excited to share our involvement as the main sponsor of the Biennial IBA African Regional Forum Young Lawyers Symposium in Kigali, Rwanda.

At this event, young lawyers from diverse practices in Africa gathered to delve into the intricacies of AI in the legal world.

Read our article to gain insights into the valuable discussions that took place https://jo.my/2hy747

Today, let's raise awareness about gender-based violence and share ways we can support survivors and prevent violence against women and girls.

Educate yourself and others about gender-based violence. Share facts, and resources to help raise awareness and inspire change.

For more information on the Domestic Violence Act, click on the link below to download the Werksmans overview. https://tinyurl.com/4c659fph

Preeta Bhagattjee, Director and Head of Technology & Innovation Practice at Werksmans Attorneys, has been invited to speak at the AGA-Africa and University of Pretoria Synergy Workshop: The Future of Law in the Fourth Industrial Revolution (4IR).

The workshop is scheduled to take place on Monday, 27th November 2023, at 09:00 at the Javett Art Centre at the University of Pretoria.

This event will bring together State Attorneys General from the United States and notable South African figures to discuss legal challenges in the digital age.