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South Africa Case Law

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Commercial And Corporate [2017] ZAFSHC 163

Oosthuizen v Castro (2858/2012)

Oosthuizen v Castro (2858/2012) [2017] ZAFSHC 163; [2017] 4 All SA 876 (FB); 2018 (2) SA 529 (FB) (18 September 2017)

The court found a financial adviser liable for recommending a risky Sharemax investment to a widow seeking safe preservation of capital, and held the insurer must indemnify him.

  • Professional Indemnity Insurance
  • Financial Advice Liability
  • Contractual Exclusion Clause
  • Negligence
  • Interpretation Of Contracts
  • Professional-indemnity-insurance
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