Read the full judgment text of HCA 000581/2009 on BabelCite. This High Court CFI judgment was delivered on 29 December 2009.
1. Rondabosh was the insured under a Policy issued by Ping An. The Policy covered stock (whether Rondabosh’s stock in trade or stock held by Rondabosh in trust for others) in a Warehouse. In June 2008 flooding damaged the stock in the Warehouse. In July 2009 Rondabosh issued a Statement of Claim seeking some $1.5 million from Ping An under the Policy in respect of the damaged stock.