Read the full judgment text of CACV 000233/1996 on BabelCite. This Court of Appeal judgment was delivered on 20 March 1997.
1. This is an appeal from an order of Sears J. dated 30 October 1996 and made at the conclusion of the trial of the action then before him. The effect of the judge's order was to determine a dispute as to the proper destination of substantial funds paid into court, three years earlier, to await the outcome of the action. The parties to the dispute were, in substance, the liquidators of Bank of Credit and Commerce International (Overseas) Ltd, a company incorporated in the Cayman Islands ("the Ca