Read the full judgment text of HCA 778/2021 on BabelCite. This High Court CFI judgment was delivered on 18 May 2023.
1. Commencing on 11 January 2023 I heard the trial of four actions [1] . The actions give rise to issues of some importance. They concern the enforceability of what are known as Keepwell Deeds, given by the Defendant in respect of the liabilities of a number of its subsidiaries to the Plaintiffs which, the Plaintiffs quantify as US$963,456,001, as at 19 May 2021 in the case of the claims in HCA 778/2021 and HCA 1418/2021 and at US$857,427830 as at 1 February 2021 in the case of the claims in HCA
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