Suretyships and Business Rescue

26th April 2016|Articles, Commercial Law|

When considering whether to place your company under business rescue, the question often arises as to whether parties who have bound themselves as sureties in respect of the company’s debt, are safe from action by the creditors. Our courts recently dealt with this in Tuning Fork (Pty) Ltd t/a Balanced Audio v Greef and another


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