Read the full judgment text of HCA 005520/1999 on BabelCite. This High Court CFI judgment was delivered on 28 July 1999.
1. This is an application for summary judgment for moneys said to be due to the plaintiff under an agreement between the plaintiff and the defendant made on 1 February 1996. Under this agreement, the plaintiff (assuming it has performed its own obligations thereunder) is entitled to payments of $9,084,000.00 per annum. One such payment has indeed been made, not however by the defendant but by a third party ("Globeland").