Professional Update
A
monthly newsletter for KZN Attorneys from the Kwazulu-Natal Law Society

1 July 2009

This professional service draws attention to current and important items of news
 and members are directed to the hosts' websites

InfoUpdate 13 of 2009
Recent Judgments

Electronic copies of this information may be obtained from our librarians at help@lawlibrary.co.za or click on the underlined hyperlink where relevant

South Gauteng High Court (previously Witwatersrand Local Division) - http://www.saflii.org.za/za/cases/ZAGPJHC/  ; Court rolls at http://www.saflii.org/blog/?page_id=173

Tannenbaum Case (Ponzi Scheme)

Rees 'duped' by Tannenbaum - 29 June
Dean Rees, a lawyer linked to South African businessmanBarry Tannenbaum, says he was "duped" like other investors who claim they lost money in an alleged R15bn Ponzi scheme run by Tannenbaum. "As everyone has been duped, so have I", Rees said in an interview on Friday. "In the fullness of time any charges of fraud or any allegations made will be dismissed. I had no part in this". - Moneyweb website

Ponzi aftershocks knock planned Madison fund - 30 June
Investor jitters over the collapse of the investment scheme operated by Barry Tannenbaum has caused JSE-listed Madison Property Fund Managers to abandon the planned listing of its proposed Phoenix Global Investment Fund on the Bermuda Stock Exchange. - Business Report website

For postings on this topic in InfoUpdate, type this search term into Google :
"tannenbaum case" infoupdate site:.lawlibrary.co.za

InfoUpdate : an Information Service supplied by the KwaZulu-Natal Law Society