The law is settled. Insurance companies are to indemnify their clients in terms of business interruption insurance policies and/or clauses. The national Covid-19 Lockdown was found to be in response to Covid-19 infections, which together, falls within the ambit of business interruption insurance clauses.
Introduction South Africa’s Online Retail Industry grew by 40% during the Covid-19 Lockdown. Each of these online businesses face rules and regulations, some of which the owners of these businesses… Read More »How to open an Online Business… SUCCESSFULLY
In a recent Judgment by the Western Cape High Court, the High Court declared that the insurer is obliged to indemnify the insured against losses sustained as a result of… Read More »Repudiated Covid-19 Insurance Claims under spotlight
In terms of s 132(1)(a)(i) of the Companies Act 71 of 2008 (the Act), business rescue proceedings commence when a company files a resolution to place itself under supervision in… Read More »Rescue the business before liquidation is considered