Read the full judgment text of HCA 004232/1996 on BabelCite. This High Court CFI judgment was delivered on 20 April 1998.
1. The Plaintiff is an American company. On 29th May 1995, through the introduction of a company called Nagata Company Limited ("Nagata"), it entered into an agreement ("the Agreement") with Filon World Trade Company Limited ("Filon") for the supply of galvanized coil ("the goods") by the Plaintiff to Filon. The method of payment to the Plaintiff was to be by letter of credit. There were subsequent amendments to the Agreement in respect of the size and quantity of the goods.