Pay-When-Paid Risks Understanding Pay-When-Paid Risks in South African Construction Contracts “Pay-When-Paid Risks” refer to the financial risks subcontractors face due to contractual provisions stipulating that payment from a contractor is conditional...
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...
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...
Non-Circumvention in Business Deals Understanding Non-Circumvention in Business Deals Non-Circumvention in Business Deals and the Purpose of Non-Circumvention Agreements Non-circumvention in business deals refers to the legal principle that ensures intermediaries,...
Understanding Non-Disclosure Agreements Understanding Non-Disclosure Agreements in South African Law What is a Non-Disclosure Agreement? Understanding Non-Disclosure Agreements (NDAs) begins with recognising their purpose in safeguarding confidential information...