Read the full judgment text of HCA 2511/2018 on BabelCite. This High Court CFI judgment was delivered on 20 December 2018.
1. In this application the applicant bank applies to vary an injunction order made by Deputy High Court Judge To (“ the Injunction ”) by permitting the payment of various letters of credit (“ the Letters of Credit ”) to the applicant bank. The application is based upon the simple proposition thatthe Letters of Credit are documents that should be paid save in exceptional circumstances. The existence of a dispute between the plaintiff and the defendant is not an exceptional circumstance unless t
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