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Hogan Lovells News

Drake a redefining judgement on breach of mandate and contractual damages

2nd May 2018 In a precedent setting judgment, the Supreme Court of Appeal in Drake Flemmer & Orsmond Inc & Another v Gajjar NO [2017] ZASCA 169 (1 December 2017) pronounced on the principles applicable in respect of assessment of contractual damages arising from breach of mandate by an attorney. The court has... 

The evolution of CBD in South Africa

2nd May 2018 During the past several decades, the advances made in the life sciences and health care industries have been astounding, not to mention revolutionary. A presently obscure and experimental treatment may, in a day or week or years' time, become a miraculous cure. Imagine the ridicule faced by... 

Cryptocurrencies – will regulation create more value?

25th April 2018 Society has evolved from the time that people would barter to buy goods and procure services. It was a matter of time before people realised that bartering was not a viable form to obtaining goods and services, as the value placed could be very subjective and in certain instances the value given... 

What is the "MLI" and why is it important in the context of the South African tax system?

13th April 2018 The Base Erosion and Profit Shifting (BEPS) Project of the OECD was launched with the publication of the OECD BEPS Action Plan in 2013. The BEPS Project comprised various "Actions" aiming to fight tax avoidance strategies that exploit gaps and mismatches in tax rules to artificially shift profits... 

Digital money set to disrupt the banking industry

14th March 2018 Natoshi Nakamoto – the creator of bitcoin – had a vision for the new age of commerce and that vision is being realised at a rapid pace as with all financial services, people all around the world desire financial platforms that are convenient, safe, reliable and trustworthy. Cryptocurrency has... 

Does time heal the wound? Loni v MEC for Health discussed

7th March 2018 Yet again, the Constitutional Court (CC) was called upon to determine the meaning of deemed knowledge in terms of section 12(3) of the Prescription Act 68 of 1969 (the Prescription Act) in respect of a medical negligence claim in Loni v MEC for Health, Eastern Cape [2018] ZACC 2 delivered on 22... 
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Ramaphosa signs off on several Special Investigating Unit probes

President Cyril Ramaphosa has signed off on the Special Investigating Unit (SIU) probing several government departments and municipalities, including a Metro, for possible unlawful conduct, the presidency said on Friday. According to a statement from the presidency, the SIU will look at possible... 

Proper handling of State funds could avoid violent protests – Human Rights Commission

Violent and destructive protests would be avoided if state funds were spent in the service of ordinary South Africans, the South African Human Rights Commission (SAHRC) said on Friday. This follows after Auditor-General, Kimi Makwe released "The State of Local Government and Financial Management... 
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