In 1995 Claus Daun sold off Silveroak Industries to Kolosus Holdings, then headed by Tito Vorster, for around R95 million ($11.4 million.) The sale led to the situation which precipitated the well-publicised court action between Seton and Silveroak that Seton won in Paris, but which then spilled over into the South African courts as Kolosus had effectively stripped Silveroak before selling off the shell.

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