DTS Attorneys – Law Firm in Port Elizabeth

Message from Rian du Toit

Dear DTS Clients and Friends,We are (nearly) at the end of 2023. It would be dishonest of me to describe this year as anything but challenging. As a business owner in South Africa, I do not want to bore you (or drive you to tears) with a list of the various challenges that we face in […]

Ponzi schemes: Another MTI judgment, risks and red flags

“MTl’s business clearly amounted to an unlawful ponzi-scheme, i.e. a fraudulent investing scam promising high rates of return to investors and generating returns for earlier investors with investments taken from later investors.” (Extract from judgment below) In times of economic turmoil, the promise of “easy money” can be incredibly enticing. Unfortunately, this allure often leads […]

Directors, Creditors – Do Personal Suretyships Survive Business Rescue?

“Creditors have better memories than debtors” (Benjamin Franklin) In these hard times of pandemic and economically destructive unrest, an unfortunate number of businesses face collapse, and many will opt for the “first aid for companies” option of business rescue. Creditors coming out of that process with a shortfall (only the luckiest creditors are likely to […]

11 POPIA Questions To Ask Yourself Before 30 June 2021

By midnight on 30 June 2021 you must be fully compliant with the Protection of Personal Information Act (POPIA) if you in any way process any personal information relating to a “data subject”. Very few businesses and organisations will fall outside that net, and even fewer will fall into any of the exemptions. The risks […]

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