ITEM VIEW

Which transactions trigger a right of first refusal or preferential right to contract

dc.contributor.authorNaude, Tjakieen_ZA
dc.date.accessioned2018-06-05T13:51:31Z
dc.date.available2018-06-05T13:51:31Z
dc.date.issued2006-01
dc.identifier.citationNaudé, T. 2006. Which transactions trigger a right of first refusal or preferential right to contract?. South African Law Journal, 123(3):461-496.en_ZA
dc.identifier.issn1996-2177 (online)
dc.identifier.issn0038-2388 (print)
dc.identifier.urihttp://hdl.handle.net/10019.1/104055
dc.descriptionCITATION: Naudé, T. 2006. Which transactions trigger a right of first refusal or preferential right to contract?. South African Law Journal, 123(3):461-496.en_ZA
dc.descriptionThe original publication is available at https://journals.co.za/content/journal/ju_saljen_ZA
dc.description.abstractThis contribution considers the delineation of the transactions that breach or 'trigger' a right of first refusal, thereby giving its holder the right to exercise his right and to enforce the main contract. Examples of questions on which there is either scant, conflicting or unpersuasive South African authority in this area include the effect of an involuntary sale on a right of pre-emption, of non-arm's length transactions between commercially related parties, and of an undertaking by the third party to render some unique performance which the holder cannot match. A comparative study of German and American law leads to proposals for residual rules on these and other contentious issues, including the effect of a 'package deal', that is, where the grantor of a right of pre-emption purports to sell the pre-emption property to a third party as part of a larger package. The article also seeks to encourage drafters of first refusal agreements to consider the appropriateness and cost-effectiveness of initiating negotiations on the areas of uncertainty and of drafting accordingly.en_ZA
dc.language.isoen_ZAen_ZA
dc.publisherJuta Lawen_ZA
dc.subjectPre-emptionen_ZA
dc.subjectContracts -- South Africaen_ZA
dc.subjectContracts -- Germanyen_ZA
dc.subjectContracts -- United Statesen_ZA
dc.subjectRight of first refusalen_ZA
dc.titleWhich transactions trigger a right of first refusal or preferential right to contracten_ZA
dc.typeArticleen_ZA
dc.description.versionPublisers versionen_ZA
dc.rights.holderJuta Lawen_ZA


Files in this item

Thumbnail
Thumbnail

This item appears in the following Collection(s)

ITEM VIEW