DAMAGES LAW?

DAMAGES LAW?

DAMAGES LAW? WHAT DOES IT MEAN IN LAW AND HOW IS IT CALCULATED? ASHLEY SLAMAT ATTORNEYS  – Success is the Only option™ Part 1 In law, damage is essentially the loss which your patrimony (or estate) suffers as a result of the wrongful and culpable conduct (an act...
CONVENTIONAL PENALTIES ACT 15 OF 1962

CONVENTIONAL PENALTIES ACT 15 OF 1962

The purpose of the Conventional Penalties Act 15 of 1962 is to, inter alia: Provide for the enforceability of penalty stipulations in contracts including stipulations based on pre-estimates of damage (liquidated damages); Provide for the enforceability of forfeiture...