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Contractual Claim

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Prescription of a contractual claim not delayed by a suspensive condition

Photo of Patrick Bracher (ZA)
By Patrick Bracher (ZA) on December 11, 2023

The full bench of an appeal court in the Pretoria High Court held that the claimant’s claim had prescribed three years after the contract was entered into despite there being a suspensive condition which has not fulfilled till four months after the agreement was entered into. Contracts with suspensive conditions should therefore specifically deal with…

Posted in Insurance

Prescription of a contractual claim not delayed by a suspensive condition

Photo of Patrick Bracher (ZA)
By Patrick Bracher (ZA) on December 11, 2023

The full bench of an appeal court in the Pretoria High Court held that the claimant’s claim had prescribed three years after the contract was entered into despite there being a suspensive condition which has not fulfilled till four months after the agreement was entered into. Contracts with suspensive conditions should therefore specifically deal with…

Posted in Insurance

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Norton Rose Fulbright’s financial institutions team provides straightforward legal updates. Our lawyers offer local insights with an international perspective recognised worldwide. This blog focuses on the South African market and is about sharing knowledge with you. Blog posts are not legal advice.

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