
Classic Financial creditors see first dividend, just over 6%
The initial payout returns roughly 6 cents on the rand to creditors, with legal costs taking a large slice – but further recoveries may change the final dividend.

The initial payout returns roughly 6 cents on the rand to creditors, with legal costs taking a large slice – but further recoveries may change the final dividend.

The High Court confirms that evidence from confidential arbitration can be disclosed in related South African litigation, forcing insurers and other parties to rethink how they manage arbitration materials.

The SCA rules that buyers may rely on actio redhibitoria to unwind financed vehicle purchases marred by latent defects, even when the deal falls under the NCA.

The High Court has overturned the Regulator’s bid to stop the publication of the matric results, rejecting its claim that learners can be identified from exam numbers.

The Court set aside two notices to the Municipal Employees Pension Fund after finding the regulator had not met the statutory thresholds.

Modern contract interpretation permits surrounding circumstances to explain contractual meaning – undermining SARS’s argument that extrinsic evidence is inadmissible.

The Tribunal and the High Court delivered key decisions emphasising proportional enforcement and the proper use of transitional provisions.

A High Court ruling confirms that SARS must honour lawful settlement agreements and cannot rely on internal systems or administrative hurdles to escape binding terms.

A subsequent, corrected section 129 notice cannot cure defects in the original notice once summary judgment proceedings have begun.

The High Court strikes FirstRand’s repossession action after finding the defendant died months before summons was issued.

Non-life insurers may repudiate claims for alleged misrepresentation or regulatory breaches only when they can produce clear, consistent, and reliable evidence.

The judgment confirms that the National Consumer Commission can pursue suppliers for ongoing misconduct – even when they try to stall a complaint into expiry.

INkundla ithi ababoneleli ngetyala kufuneka baqinisekise ukungafihli ngokupheleleyo ekuvezeni uhlobo, iindleko, kunye neziphumo zenkxaso-mali yeze ntlawulo.

The Supreme Court of Appeal finds the parties did not share an intention to exclude ICD cover.

The Court replaces the restrictive ‘exceptional circumstances’ test with a flexible ‘good cause’ standard, creating new forum-choice opportunities.

If a financed car is defective, your recourse is against the dealer – not the bank financing the purchase.

Allowing an appeal to suspend the restraint would render the firm’s contractual protection meaningless, as the restraint period could expire before an appeal is heard.