Assessment of damages in R1-billion claim
Genesis provided an independent assessment of the appropriate damages quantum following the repudiation of an agreement between two large South African companies in the communications sector. The analysis was performed on behalf of the defendant in a claim that exceeded R1-billion.
Expert evidence in dispute between Neotel and Broadband Infraco
Genesis was contracted by Neotel, South Africa's second fixed-line operator, to provide expert economic evidence in a commercial dispute between Neotel and Broadband Infraco, a state-owned supplier of fixed-line infrastructure. The project team focused on the quantification of the financial amount claimed by Broadband Infraco from Neotel, which involved a determination of market-related wholesale rates for national long-haul routes in South Africa.
Genesis backs Minister of Labour on Section 32 of LRA
Genesis was appointed on behalf of a number of bargaining councils and the Minister of Labour in a High Court matter concerning Section 32 of the Labour Relations Act, which permits the Minister, under certain circumstances, to extend a collective agreement to employers and employees who are not members of the bargaining councils.
Advice in the ArcelorMittal-Kumba dispute
Genesis was retained by the legal advisers to ArcelorMittal South Africa to assist in providing expert input on economic issues raised in litigation with Kumba Iron Ore over the transfer of mining rights and subsequent iron ore price hikes. Ultimately, a settlement was reached between the parties.
Expert advice in clothing industry dispute
In a High Court dispute between the National Bargaining Council for the clothing manufacturing industry and five clothing manufacturers, Genesis provided an expert economic opinion on the bargaining council system in South Africa and the welfare effects of extending collective agreements.
Assessment of damages claimed by 3M South Africa
Genesis was retained by a small healthcare products company, Bestcare, to assess the damages incurred following the termination of a supply contract by a large multinational supplier, 3M. The project team used before and after quantification techniques to determine the change in revenue that resulted from the termination of the contract for both private hospital supply contracts and public tenders. Through a careful financial analysis of the Bestcare’s cost structure, the team was also able to accurately determine potential cost reductions in order to quantify lost profits.