The spectre of blockbusting and some remedies for dysfunctional schemes Although the majority of sectional title schemes are being managed adequately, and some excellently, a disquieting number are clearly doomed to failure. I have personal knowledge only of the situation in the Western Cape, but I understand from colleagues in other provinces that matters are no different elsewhere.
This month I examine a practical aspect of environmental law, namely the role of the environmental law practitioner in a due diligence exercise. More and more frequently local and international purchasers of (shares in) South African companies require that environmental investigations be carried out during the course of a preacquisition due dil igence exercise. It is not unknown for non-compliance with environmental laws to scuttle a transaction, particularly where environmental considerations are important in the jurisdiction of the purchasing company and where purchasing parties cannot be seen to be applying different environmental standards in different countries.