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South Africa Case Law

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Delict [2017] ZAGPJHC 139

Nedbank Limited and Another v Absa Bank Limited (2011/4672)

Nedbank Limited and Another v Absa Bank Limited (2011/4672) [2017] ZAGPJHC 139 (8 February 2017)

Court
South Gauteng High Court, Johannesburg
Case number
2011/4672
Judge
Epstein AJ

The High Court dismissed Nedbank’s exception, holding that Absa’s pleaded case disclosed a delictual claim for pure economic loss arising from alleged market manipulation.

  • Pure Economic Loss
  • Wrongfulness
  • Market Manipulation
  • Banking Duties
  • Derivative Trading
  • Statutory Breach
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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.