Wainstein v Fane (16781/2015) [2018] ZAGPJHC 588 (24 August 2018)
The court found that the settlement agreement required the applicant to account to the respondent's legal representatives every month, regardless of whether Jasper Technologies International LLC earned a profit. The applicant only accounted for months in which profits were earned, thereby breaching the agreement. The respondent made a demand for accounting, which was not complied with within the stipulated five-day period. The fact that the demand requested supporting documentation did not render it void, as the applicant failed to provide any accounting for certain months. The absence of the affidavit used to obtain the writ was not relevant to the determination of breach. Consequently,...
- Citation
- [2018] ZAGPJHC 588
- Parties
- Applicant: Earle Wainstein; Respondent: Madeleine Frances Fane
- Court
- South Gauteng High Court, Johannesburg
- Jurisdiction
- South Africa
- Judgment Date
- 24 August 2018
- Case Number
- 16781/2015
- Procedural Posture
- Urgent Application / Application to Set Aside Writ of Execution
- Outcome
- Application dismissed with costs.
- Judges
- Bester
- Legal Topics
- Settlement Agreement, Interpretation of Contract, Writ of Execution, Breach of Obligation
Case Brief
Summary, issues, holding and outcome
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Parties
Earle Wainstein
Applicant
Madeleine Frances Fane
Respondent
Procedural Posture
Urgent Application / Application to Set Aside Writ of Execution
Legal Issues
- 1 Whether the applicant breached the settlement agreement by failing to account monthly as required.
- 2 Whether the respondent was entitled to issue a writ of execution for the outstanding balance.
- 3 Whether the demand for accounting was properly complied with within the stipulated time frame.
Ratio Decidendi
The court found that the settlement agreement required the applicant to account to the respondent's legal representatives every month, regardless of whether Jasper Technologies International LLC earned a profit. The applicant only accounted for months in which profits were earned, thereby breaching the agreement. The respondent made a demand for accounting, which was not complied with within the stipulated five-day period. The fact that the demand requested supporting documentation did not render it void, as the applicant failed to provide any accounting for certain months. The absence of the affidavit used to obtain the writ was not relevant to the determination of breach. Consequently,...
Court Disposition
Application dismissed with costs.
Orders
- The application to set aside the writ of execution is dismissed.
- The applicant is ordered to pay the costs of the application.
Full Case Text
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