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Magic Eye Trading 77 CC and Another v Santam Limited and Another (775/2018) [2019] ZASCA 188 (10 December 2019)

Magic Eye Trading 77 CC and Another v Santam Limited and Another (775/2018) [2019] ZASCA 188 (10 December 2019)
Citation
Magic Eye Trading 77 CC and Another v Santam Limited and Another (775/2018) [2019] ZASCA 188 (10 December 2019)
Media Neutral Citation
[2019] ZASCA 188
Hearing date
4 November 2019
Court
Supreme Court of Appeal of South Africa
Case number
775/2018
Judges
Nicholls JA, Zondi JA, Hughes AJA, Gorven JA, Cachalia JA
Judgment date
10 December 2019
Language
English
Type
Judgment
Flynote

Whether a contingent right to claim an indemnity had prescribed –
when prescription in respect of such claim starts to run – indemnity can only be against
actual loss – a claim to be indemnified becomes due only when the insured is under a
legal liability to pay a fixed, determinate amount.

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