When the liquidator comes knocking
Here is the scenario, you render services for company X, company X receives the service and makes payment. Happy days, the business has some money in the bank and now you can move on to the next job. A few months go by and you receive an email which advises you that company X was […]
Caveat subscriptor: understanding the consequences of giving Performance security
Caveat subscriptor is a Latin maxim which essentially translates to “let the signer beware”. The maxim applies in South African law and is the name given to the principle that once you sign a contractual document the law accepts, unless proven otherwise (due to, for instance, fraud or duress) that you have read the contents […]