Meritless litigation against Free Market Foundation abandoned
25 March 2022
The Free Market Foundation has welcomed a decision of the litigant to abandon his lawsuit that challenged the legitimacy of the Free Market Foundation board that was elected in 2020.
The Foundation received word on the evening of 23 March 2022 that the matter had been withdrawn.
“While we are pleased that that case has been dropped, we are confident that the Free Market Foundation board would have been found to be legitimate had the case gone ahead,” says Rex van Schalkwyk, board chairman.
“The withdrawal of the matter affirms our confidence that we would have won the case on merit. The Foundation had lodged its heads of argument and was urging the applicant to reciprocate. His withdrawal indicates that he understood his case was baseless.”