{"id":2309,"date":"2018-05-28T05:25:21","date_gmt":"2018-05-28T03:25:21","guid":{"rendered":"http:\/\/stbb.co.za\/dev2\/?p=2309"},"modified":"2019-11-05T05:43:07","modified_gmt":"2019-11-05T03:43:07","slug":"issue-11-2018","status":"publish","type":"post","link":"https:\/\/stbb.co.za\/dev2\/issue-11-2018\/","title":{"rendered":"Property Law Update | Issue 11 – 2018"},"content":{"rendered":"

CANNOT (WITHOUT MORE) LOOK TO A TRUST\u2019S ASSETS FOR THE SATISFACTION OF A TRUSTEE\u2019S PERSONAL DEBTS<\/h2>\n

Osborne v Cockin NO and Others (549\/2017) [2018] ZASCA 58 (17 May 2018)<\/h3>\n

When you lose several million rands in a business arrangement with Mr X, and X\u2019s estate is later sequestrated whilst it appears that X\u2019s family trusts are faring much better, you may well wonder whether recourse could be had from the trusts. If it appears that X used the trust as an alter ego for his personal dealings then, in very specific circumstances, one can \u2018pierce the veil\u2019 of the trust. This judgment tells such a story and although the application was unsuccessful for technical reasons, it is important to take note to differentiate between transacting with an individual in his personal capacity and in his capacity as trustee of a trust.<\/p>\n

read more<\/strong>
\nThe Judgment<\/a>
\nSummary of the Judgment<\/a><\/p>\n

STBB’s STSMA REFERENCE GUIDE<\/h2>\n

In this, the fifty-third set of notes for your STSMA Reference Guide, Prescribed Conduct Rule 1 is discussed.<\/p>\n

read more<\/strong>
\nPrescribed Conduct Rule 1<\/a>
\n(N.B. Print in landscape)<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"

CANNOT (WITHOUT MORE) LOOK TO A TRUST\u2019S ASSETS FOR THE SATISFACTION OF A TRUSTEE\u2019S PERSONAL DEBTS Osborne v Cockin NO and Others (549\/2017) [2018] ZASCA 58 (17 May 2018) When you lose several million rands in a business arrangement with<\/p>\n","protected":false},"author":36,"featured_media":578,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_exactmetrics_skip_tracking":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[109],"tags":[],"class_list":["post-2309","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-law-update"],"acf":[],"yoast_head":"\nProperty Law Update | Issue 11 - 2018 - STBB<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/stbb.co.za\/dev2\/issue-11-2018\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Maryna Botha\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/issue-11-2018\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/issue-11-2018\\\/\"},\"author\":{\"name\":\"Maryna Botha\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#\\\/schema\\\/person\\\/623606b2022560795816523a4fd0bfec\"},\"headline\":\"Property Law Update | Issue 11 – 2018\",\"datePublished\":\"2018-05-28T03:25:21+00:00\",\"dateModified\":\"2019-11-05T03:43:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/issue-11-2018\\\/\"},\"wordCount\":185,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/issue-11-2018\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/wp-content\\\/uploads\\\/2019\\\/05\\\/nicola-fioravanti-641943-unsplash-1.jpg\",\"articleSection\":[\"Property Law Update\"],\"inLanguage\":\"en-ZA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/issue-11-2018\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/issue-11-2018\\\/\",\"url\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/issue-11-2018\\\/\",\"name\":\"Property Law Update | Issue 11 - 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