Tag: fiduciary duties

Counterclaiming substantial damages: Lawfulness and fairness

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Disgorging secret profits: Secondment agreements

RFS Administrator v SLS and others What are legal requirements when claim relates to disgorging secret profits and what is effect of secondment agreement? “[62] In order to succeed with its claim for disgorgement of...

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Legal practitioners charges: Hopeless cases

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Broken trust relationship: Fiduciary duty breached

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Authorising financial statements: Director’s liability?

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Administration of trade union: Resolving disputes

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Breaching trust relationship: Proof of actual loss?

Sasbo v Standard Bank Does breaching the employment trust relationship have to include proof of actual loss and when is there a valid and fair reason to terminate employment? “[30] Ms Cassim testified that Ms F’s conduct...

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Cancelling settlement agreement: Misrepresented facts

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Disseminating false information: Destroyed trust

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Funds wrongfully misappropriated: Third parties?

FirstRand Bank Ltd v Spar Group Ltd SCA considered case where funds were wrongfully misappropriated and decided that although disbursements from the bank accounts by a customer were not a breach of fiduciary duty they were...

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Complex interdict refused: Court considered interim relief

Big Catch Fishing Tackle (Pty) Ltd v Kemp Complex interdict refused by the high court after considering the rights of employers against former employees including restraints, unlawful competition and the use of confidential...

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Abominable abusive action: Punitive costs awarded

Moyane v Ramaphosa Abominable abusive action and allegations attacking the integrity of a number of important national figures suitably punished with an award of costs on a punitive scale. “The primary relief that...

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