Riding roughshod


Riding roughshod

The Schoss case is the last of the big bucks RAF settlements - the courts will make much more realistic awards in the future.

Mystery surrounds the identity of the Road Accident Fund's London reinsurers who have paid out the bulk of a record R519m settlement with Swiss-based millionaire Joachim Schoss. There were secret settlement talks and after six years of legal haggling, RAF chief executive Jacob Modise dispensed with lawyers and flew alone to Zurich to strike the deal.

 

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Keywords:
R A F
Road Accident Fund
South African
Claim Limits
Future Earnings
Emotional Shock
Joachim Schoss
E N S
Legal Fees
Ernst & Young
Personal Injury Claims
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