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South Africa Case Law

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Banking And Finance [1989] ZASCA 10

Odgers Foam Insulation Company (Pty) Ltd. v Standard Bank of South Africa Ltd. (525/87)

Odgers Foam Insulation Company (Pty) Ltd. v Standard Bank of South Africa Ltd. (525/87) [1989] ZASCA 10 (16 March 1989)

Court
Supreme Court of Appeal
Case number
525/87
Judges
G G Hoexter, Botha, Van Heerden, Grosskopf, Nicholas

The court held that a bank guarantee over negotiable bills extended to subsequent lawful holders, not just the original payee, and dismissed the appeal.

  • Guarantee Liability
  • Bills Of Exchange
  • Aval
  • Negotiable Instruments
  • Banking-and-finance
  • Bills-of-exchange
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South Africa decisions are organised by court, judge, legal area and indexed issue so a practitioner can move from a proposition to a citable authority with the surrounding context intact.

Source links and collection timestamps are retained alongside the indexed records.