Navigating Force Majeure in South African Contracts
Introduction Force majeure is a contract clause that frees both parties from liability or obligation when an extraordinary event or circumstance is beyond the parties’ control. Examples of these events can be a war, strike, riot, crime, plague, or an event...
Understanding Securities Registration and Transfer in South Africa
In South Africa, the registration and transfer of securities play a crucial role in the functioning of companies and the broader financial market. Governed by specific provisions outlined in the Companies Act, as well as the Financial Markets Act of 2012, the process...
The Judicial Regulation of the Enforcement of Contractual Terms
Introduction The Constitutional Court (CC) revisited its stance on the judicial enforcement of contractual terms in the Beadica 231 CC and Others v Trustees for the time being of the Oregon Trust and Others (CC) case, to clarify its position post the Barkhuizen v...
Why Strategically Placed Contract Review is Critical to Having a Great Year!
Introduction Businesses should realise that their style and strategy as they relate to business relationships should not be confined to marketing material only, but to their contracts as well. Contracts are the compasses of many key relationships and therefore there...
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