Armstrongs was the legal advisor in the registration of the BBS Limited shares on the Serala OTC Board.
This is the first registration of its kind in Botswana as BBS Limited continues on its journey to convert into a commercial bank.
Armstrongs also facilitated the demutualisation process of Botswana Building Society, to see it becoming BBS Limited, a public company.
JUDGMENT!
Armstrongs’ Senior Associate, Temwanani Karen Phiri, successfully represented Botswana Power Corporation in defending claims for unfair dismissal by two applicants.
The Judgment clarifies the position, that in terms of Section 26 (1) of the Employment Act, if there is an unreasonable delay in instituting disciplinary process, the employer only waives its right to summarily terminate employment. The Court rejected the argument of the Applicants and held that the employer does not waive its right to hold a disciplinary hearing or discipline the employee altogether.
#ATeam #LeadingLawyers #Judgment #ArmstrongsAttorneys #EmploymentLaw
Partner, Mark Mckee recently advised on a joint venture and development agreement for the development of a five-star luxury safari lodge in the Okavango Delta.
Mark advised on all aspects of the transaction, including the due diligence process, structuring the transaction and negotiation, and preparation of key transaction documents.
The transaction has been completed and the construction of the lodge is well advanced. We look forward to seeing the final product!