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In our second edition of the series, we talk to co-founder, Nick Veltman.

As a starting point Nick, can you please outline your area of law that you specialise in?

I specialise in mining law and construction and engineering.  My specific focus is on health and safety, environment, regulatory, commercial litigation and commercial transactions.

 

What is keeping you busy at the moment?

The one matter that is keeping me extremely busy at the moment is the development of a manganese mine located in the Northern Cape. We are advising on the project corporate structure, the suite of relationship, operational and funding documents, as well as advising on the various regulatory aspects. This project is an exciting one because you are part of a team that is creating something new.

In addition to this project, I have been involved in a number of commodity related prepayment transactions. In the current COVID environment, a number of our clients are looking for alternative funding to the traditional “bank” funding, and this is one of those alternative mechanisms.

Lastly, due to the ongoing financial pressure that the COVID environment has placed on our clients, I have been involved in many restructurings, and have advised on the commercial, health, safety, environmental and regulatory aspects of such restructuring. In certain instances the restructuring has resulted in litigation, and we are currently assisting our clients with this too.

 

Tell us a bit about your  family life?

I am fortunate enough to be married to Jessica. We met at high school and have been married now for almost 9 years. She is an amazing individual who has continuously supported me in the development of my practice, and the starting of Beech Veltman Incorporated. We have two phenomenal children, our daughter Amelia, who is 2, and our son, Oliver, who is almost 5 months. Both children are extremely strong-willed, and are fierce debaters, which I can only assume they got from their mother.

 

Aside from practising law, what do you enjoy doing in your spare time?

In my spare time I enjoy spending time with my family, typically outdoors, where the children can play and be themselves. I also enjoy my sport and I am a very keen cyclist, runner and swimmer.

If I have extra spare time, a trip to the bush or to the sea, is always great for the soul.

 

What have been some of your proudest moments in practice?

I have always hoped to be in a position to one day open up a firm that we can call our own. My proudest moment in practice is therefore, and without a doubt, the starting of Beech Veltman Incorporated. While starting a new firm is daunting, it has been and continues to be an extremely exciting journey.

 

Tell us something most people don’t really know about you?

For many years I swam provincially. It was a great time and I really enjoyed traveling South Africa and participating in the various events.