Limiting the Pacta Sunt Servanda?
When two parties conclude a contract, the terms and conditions of the contract are the rules that will govern the relationship between the parties. Once the contract is signed, rights and duties are created, and the parties will remain liable thereto until the...
How Parties Should Conduct Themselves During Mediation
For a few years now, it has been compulsory to consider Mediation as a dispute resolution mechanism, even in litigation. If parties refuse without basis, there could be severe consequences. But what if one party feels the other is acting in bad faith? What are the...Show Me The Money!
Introduction The current financial climate has contributed to significant growth to most creditor’s debtor books. Considering same, most credit providers who are unfamiliar with this position have turned to legal firms or debt collectors for assistance in...
Third Party Contracts – Who is Liable?
A contract is an agreement entered into by two or more parties. Contracts can only be binding on the parties that have signed and agreed to the terms and conditions of the agreement, with certain exceptions allowing for the binding of third parties through...
Recent Comments