The law moves in its own slow, inexorable way. Quite why the honourable Justice Nathan Erasmus has only just handed down reasons explaining an order that was granted in April is a mystery.
But when Steinhoff collapsed and its share price imploded, the scrip the Tekkie Town vendors received became commercially worthless. The reasons for the granting of the urgent order, set out by Judge Erasmus yesterday , lend support to their cause. He added, “The transfer path of the Tekkie Town business and its shares were clearly plotted before the first transfer took place.”