FOSHAN FOREIGN ECONOMIC AND TRADE IMPORT AND EXPORT CORPORATION OF GUANGDONG v THE INDUSTRIAL AND COMMERCIAL BANK OF CHINA

Read the full judgment text of HCA 020342/1998 on BabelCite. This High Court CFI judgment was delivered on 29 October 2001.

1. The 1st plaintiff is and was at all material times a company incorporated in the Mainland and carrying on business in Guangdong and in Hong Kong. The 2nd plaintiff is and was at all material times a bank incorporated in the Mainland carrying on business as a licensed banker in the Mainland. The 1st defendant is a limited company incorporated in Hong Kong. The 2nd defendant is and was at all material times a director and shareholder of the 1st defendant.