Read the full judgment text of CACV 414/2022 on BabelCite. This Court of Appeal judgment was delivered on 10 April 2025.
1. The plaintiff claimed that he made a loan of $5 million to the defendant company in 2013 while he was its director and shareholder, and that the defendant failed to repay it. The defendant said that it was not a loan, but payment by the plaintiff of the accounts receivable due from a related company. Further, the defendant counterclaimed that between 2016 and 2017, the plaintiff wrongfully and in breach of his duties caused the defendant to pay out 12 sums of money totalling $463,225.67, an
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