In Trustees, Estate Whitehead (“Whitehead”) v Dumas and Another (“Dumas”) 2013 (3) SA 331 (SCA) Whitehead conducted an investment scheme.
A few days after Dumas invested R 3 million in the scheme – depositing money into Whitehead’s banking account – Dumas established that the scheme was an unlawful pyramid scheme. Dumas then sought the return of his money from Whitehead’s bank, Absa Bank (“Absa”), where the funds were credited.
The court held that:
“I have successfully used Shaun in commercial arbitration, corporate/commercial law matters and in the arena of insolvency law, in all of which he is well accomplished.”
- Grant Davidson [businessman for three decades]
“Shaun is well versed in business and the laws governing general business, but particularly the information technology industry and Shaun is professional and loyal to a fault”
– Tinus Neethling [managing director of Rorotika Technologies]
“Shaun is imaginative, hardworking, accommodating and honest – Shaun acted for Pirelli Tyres before, while and after I was the managing director of the company, dealing with all legal matters, including the drafting and enforcement of various types of contracts and other litigious matters.”
- Ashley Cooper [former managing director of Pirelli Tyres]
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“Shaun Nel’s services were consistently of the highest ethical & professional standards I experienced in my near four decade banking career – Shaun having acted for the bank in enforcing
lending agreements, drafting bank related agreements and giving guidance on various aspects involving banking.”
- William King Powell [retired Standard Bank manager]