Key points
- An application for leave to appeal was heard and determined in Cape Town on August 2, 1994.
- The appeal concerns a May 23, 1994 judgment in Namco’s legal action against Benco and former Benco CEO John Wilson.
- The presiding judge ruled that Namco had a reasonable prospect of success.
- Namco was granted leave to appeal to the appellate division.
On August 2 1994, an application for leave to appeal against the judgment handed down May 23 1994 (Stockwatch May 25 1994) in the company’s legal action against Benco and John Wilson, a former CEO of Benco, was heard and determined in Cape Town.
The presiding judge held Namco had a reasonable prospect of success and gave Namco leave to appeal to the appellate division.