Signing Security Authority Understanding Signing Security Authority in South African Corporate Law What Is Signing Security Authority? In South African law, Signing Security Authority refers to the legal power granted to individuals—typically directors or senior...
Liquid Documents Understanding Liquid Documents in South African Civil Procedure A “liquid document” under South African civil procedure is a written instrument wherein a debtor acknowledges an unconditional liability to pay a fixed or readily...
Guarantee Pay Outs Understanding Guarantee Pay Outs in South African Law The Legal Foundation of Guarantee Pay Outs Guarantee pay outs refer to the payment made by a guarantor under a guarantee agreement when a triggering event occurs. These guarantees are common in...
What Makes a Guarantee Valid What Makes a Guarantee Valid in South African Law Understanding What Makes a Guarantee Valid The phrase “what makes a guarantee valid” refers to the legal criteria that must be satisfied for a guarantee to be legally...
Understanding Retention Amounts in Construction Understanding Retention Amounts in Construction Contracts Under South African Law What Are Retention Amounts in Construction? Understanding retention amounts in construction is key to grasping the balance of power, risk,...
Non-Solicitation Clauses Explained Non-Solicitation Clauses Explained Non-solicitation clauses are contractual provisions commonly found in employment contracts and commercial agreements. These clauses aim to protect the legitimate business interests of an employer or...
