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Lawtons directors Jeff Buckland (right) and Veronica Vurgarellis (middle) with attorney Philip Webster (left) from African law firm Asafo at the signing of a cooperation agreement between Lawtons and Asafo in May 2020.
Sandton law firm Lawtons Africa, implicated at the Zondo Commission for allegedly laundering money for its former client Bosasa, faces liquidation if former directors of the firm don’t cough up for a last-ditch bailout.
News24 is in possession of a lawyers’ letter sent on behalf of Lawtons, previously known as Hogan Lovells South Africa, to almost 30 of its previous equity directors, “requesting” them to each pay R833 333.34 as a pro rata contribution to historical debt with Standard Bank.
Lawtons needs to pay back R30 million to Standard Bank by 3 November or risk being placed in liquidation.
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