Impala Platinum Limited (Implats) was the consignor of platinum and palladium cargo transported under international air waybills from Johannesburg to Philadelphia via Amsterdam and Minneapolis, involving successive carriers KLM and Northwest Airlines. Part of the cargo was lost and never delivered. The cargo had been sold on CIP terms to third-party buyers and insured by Implats; the buyers or Implats were indemnified by insurers, with the result that Implats itself suffered no financial loss. Implats nevertheless sued the carriers under the Warsaw Convention for the value of the lost cargo. The High Court held that Implats lacked locus standi because it suffered no loss.