You walk into an official bank agency to open up an investment account – can you take it for granted that the bank is accountable to you for your investment if the agent “goes rogue” and steals it? Ashersons AttorneysIndustry…
Acceleration clauses: borrowers (and lenders) beware!
An “acceleration clause” in a loan agreement (where the loan is repayable in instalments) provides that if the borrower fails to pay any one instalment, the full amount of the loan becomes due and is immediately recoverable in full by…
Armed robbery! Suing your security company – the final chapter
“South Africa is plagued by crime – often viciously violent, sometimes sophisticated and organised, often ridiculously random, but always audacious and contemptuous of the values we are supposed to believe in and the human rights enshrined in our Constitution …..”…
Houses, Cohabitation, Co-Ownership, and the Danger of Dispute
“Communio est mater rixarum” (Roman law maxim meaning “Co-ownership is the mother of disputes”) A recent High Court case highlights once again the dangers of cohabiting without entering into a formal cohabitation agreement, particularly when substantial assets are acquired jointly.…
The POPI’s Progress: Slow, But the Clock ticks on
POPI (the Protection of Personal Information Act) is now partially in effect, but only to the extent that the way is now cleared for the appointment of an Information Regulator and the promulgation of Regulations. That’s certainly progress, but it’s…