Read the full judgment text of HCA 006578/1993 on BabelCite. This High Court CFI judgment was delivered on 30 October 1996.
1. This is in the nature of an interpleader action in that the liquidators of the Bank of Credit and Commerce International (Overseas) Limited ("the Bank") are suing the Macau Branch of the Bank ("the Branch") for sums totalling over US$5 million which were placed with the Bank of New York in its Hong Kong Branch. It is in the nature of an interpleader action, albeit that there is a plaintiff and a defendant here, because the facts disclose (which are not in dispute) that what had occurred here