“BINDS HIMSELF AS CO-PRICIPAL DEBTOR” – NO LONGER HAS THE EFFECT OF BINDING SURETIES AS CO-DEBTORS WHEN CLAIMING THE DEBT AMOUNT

Allen West Sean Janse van Rensburg A suretyship can be defined as a contract whereby a person, namely the surety, undertakes to the creditor of another person, namely the principal debtor, that as accessory to the principal debtor’s liability, the surety will be liable for the debt. What is evident from the aforementioned definition of …

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 ROLE PLAYERS IN THE CONSTRUCTION PROFESSION AND THEIR RESPONSIBILITIES

INTRODUCTION The different duties and functions of the role players involved in a typical construction project are fundamental in the understanding of the proper operation of a construction site.   The purpose of this article is to provide clarity as to the functions of certain of the professionals involved in a typical construction site. Simply put, …