Nepgen v Landskron (52270/2015)
Nepgen v Landskron (52270/2015) [2024] ZAGPPHC 537 (14 June 2024)
The court found that the amount due upon dissolution of the partnership was ascertainable by both parties, and the fact that they computed different amounts did not render the debt unascertainable. The court distinguished the present case from Victoria Falls, noting that the latter involved damages difficult to quantify, whereas this case involved a contractual claim for a determinable balance. The court exercised its discretion under the Prescribed Rate of Interest Act and held that interest should run from the date of service of summons, as depriving the plaintiff of such interest would be…
Source excerpt
- Prescribed Rate Of Interest Act
- Partnership Dissolution
- Quantum Determination
- Mora Interest