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Living Hands judgment clarifies important principles for financial institutions
Old Mutual Unit Trust Managers did not owe a direct statutory duty to the trust and its beneficiaries but to the trust’s administrator.
‘Lack of maintenance or wear and tear’ gave rise to most of the disputes in several categories of insurance.
Read moreOld Mutual Unit Trust Managers did not owe a direct statutory duty to the trust and its beneficiaries but to the trust’s administrator.
Old Mutual Unit Trust Managers off the hook for R1.7 billion claim arising from Fidentia scandal.