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South Africa Case Law

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Commercial And Corporate [1995] ZASCA 127

Loomcraft Fabrics CC v Nedbank Ltd and Another (70/94)

Loomcraft Fabrics CC v Nedbank Ltd and Another (70/94) [1995] ZASCA 127; 1996 (1) SA 812 (SCA); [1996] 1 All SA 51 (A); [1996] 1 All SA 51 (A) (17 November 1995)

Court
Supreme Court of Appeal
Case number
70/94
Judges
Scott, Corbett, Hefer, Nestadt, Harms

The court refused to restrain payment under a letter of credit, finding no clearly proved fraud in the bills of lading and dismissing the appeal with costs.

  • Letters Of Credit
  • Fraud Exception
  • International Trade
  • Documentary Credits
  • Final Interdict
  • Uniform Customs And Practice
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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.