Joint Venture between Aveng (Africa) (Pty) Ltd and Strabag International GmbH v South African National Roads Agency Soc Ltd and Another (577/2019)
Joint Venture between Aveng (Africa) (Pty) Ltd and Strabag International GmbH v South African National Roads Agency Soc Ltd and Another (577/2019) [2020] ZASCA 146; 2021 (2) SA 137 (SCA) (13 November 2020)
The Supreme Court of Appeal held that SANRAL could demand payment under an unconditional performance guarantee despite a pending force majeure arbitration.
- Performance Guarantee
- Fidic Contract
- Force Majeure
- Interlocutory Interdict
- Contractual Entitlement
- Risk Allocation