Interesting Judgment: Alert Steel v Mercantile Bank
22 June 2022
Please find attached a judgment handed down in the SCA yesterday.
The appeal was dismissed on the grounds that the enrichment of the creditor and the impoverishment of the company, could not be proved.
Kindly sent to us by Prof. J Calitz from the University of Johannesburg.
Judgment: Alert Steel v Mercantile Bank. Case: SCA 165/2021
Take care
René Bekker
Chief Operating Officer