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Without prejudice negotiations

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Acknowledging indebtedness in without prejudice discussions interrupts prescription

Photo of Patrick Bracher (ZA)
By Patrick Bracher (ZA) on July 30, 2017

An acknowledgement of debt made by a debtor to a creditor in the course of without prejudice negotiations will interrupt the running of extinctive prescription unless this consequence is excluded from the discussions.

In KLD Residential CC v Empire Earth Investments 17, the Supreme Court of Appeal was asked to strike a balance between…

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Norton Rose Fulbright’s financial institutions team provides straightforward legal updates. Our lawyers offer local insights with an international perspective recognised worldwide. This blog focuses on the South African market and is about sharing knowledge with you. Blog posts are not legal advice.

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