NEWSLETTER July 2019 Issue 02 FEATURED ARTICLES THIS MONTH DEVIATION DUE TO CHANGED CIRCUMSTANCES WHEN EXERCISING A REAL RIGHT OF EXTENSION BY ALLEN WEST The deviation from the section 25(2)(a) and (b) plans when exercising a real right of extension has been a matter that has been deliberated on at length by our Courts and …
NEWSLETTER MAY 2019 – EXCITING NEW DEVELOPMENTS AT AM Theron INC
NEWSLETTER May 2019 Issue 01 __________________________________________________________ EXCITING NEW DEVELOPMENTS AT AM Theron INC We are excited to announce that as of March 2019, Johan Loots joined our team at AM Theron Inc. as director. Johan, a Pretoria born attorney, specializes in Commercial, Civil and General Litigation, especially in Insolvency Law and Rehabilitations. Johan was appointed …
The Interpretation of “Pay in Full” in terms of the Medical Schemes Act
In the recent matter of Board of Healthcare Funders of Southern Africa v Council For Medical Schemes 2011 JDR 1471 (GNP), the first and second applicants approached the Court with a request to issue a declaratory order regarding the interpretation of the words “pay in full” in regulation 8(1) of the General Regulations made pursuant …
Construction Guarantees: On Demand or Surety?
Construction guarantees (also called ‘performance guarantees’ or ‘performance bonds’) are frequently issued in Construction agreements to ensure that the employer is safeguarded in the event that the contractor causes a delay, or a disruption, in the completion of the works. The JBCC series contract has a standard form of Construction Guarantee- and this can be …