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Complex Sale of Assets and Services Agreement concluded

27/9/2016

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Between April and July 2015, we assisted one of our clients in the outdoor advertising sector by drafting, negotiating and finalising a fairly complex Sale of Assets and Services Agreement with a smaller company in this sector.  This agreement addressed: (a) the staggered sale, by our client, of no fewer than seven outdoor advertising billboard structures to the third party purchaser for a purchase price of approximately R1.8mn; (b) the specifics on when and mechanism by which ownership of and risk in the structures would pass; and (c) the cession, assignment and transfer, on a staggered basis, of a number of lease agreements, previously entered into with the landlords of properties on which the structures had been erected, from our client to the purchaser.

The sale and transfer of the first of the structures occurred in August 2015 and the final structure was eventually sold and transferred, from our client to the purchaser, in late September 2016.  

Please do not hesitate to contact us in the event that you require assistance with any routine and/or more complex commercial contracts and/or require "out of the box" business and legal advice.  
   
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Legal Opinion prepared for a large client operating in the veterinary sector on certain cross-border contracts

25/9/2016

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During September 2016 we were approached by one of our large clients operating in the veterinary sector to (a) review, prepare a legal opinion and advise them on; and (b) address certain specific legal, business and other questions which they had, in each case, in relation to a Sale of Shares Agreement ("SS Agreement") and a Service Level Agreement ("SLA"), that had been entered into some years before with a consortium in Zambia, for certain business operations and interests within Zambia.  

The necessary review and analysis of the SS Agreement and SLS, preparation of the requested legal opinion and further advice relating thereto was all undertaken, completed and provided to our client's the board of directors within a period of only 7 days.

Please do not hesitate to contact us in the event that you require the review, analysis and, if necessary, preparation of a legal opinion on the legal, business and other implications of any of your contracts or contractual arrangements.  

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Assisted with the review and negotiation of a complex Distribution Agreement for one of our large veterinary sector clients

24/9/2016

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Between June and September 2016 we assisted a large veterinary sector client with the review of and revisions to a complex Distribution Agreement, being negotiated with one of their local distributors.  We also carefully reviewed and updated all clauses dealing with the use of certain of our client's intellectual property (IP) in relation thereto.  

We also subsequently provided certain advice, guidance and recommendations to our client's CEO in respect of a few necessary disclosures relating to their products.  

Please do not hesitate to contact us In the event that you are looking for "out of the box" thinking and/or legal advice relating to your business or any necessary contractual negotiations.  
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    Neil Taylor

    Neil is a dual-qualified attorney (admitted in South Africa) and solicitor (admitted in England & Wales).  He is also the founder of Taylor Attorneys, a boutique law firm which specialises in corporate, commercial and company law.

    Please take note that the various transactions and legal matters appearing in this Blog are a summary of certain matters handled by our firm and are intended to provide an overview of the specialisations and breadth of work undertaken by professionals within our firm.  

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