Read the full judgment text of HCA 000934/2002 on BabelCite. This High Court CFI judgment was delivered on 18 December 2002.
1. There are three actions before me, namely, HCA933, 934 and 935 of 2002. They are all commenced on 8 March 2002. I will refer to them as "the 1st action", "the "2nd action" and "the 3rd action". The claims arose out of various loan agreements and guarantees made between either the same or related parties. The amounts of the subject loans in each of the three actions are substantial, namely, HK$350,000,000, US$20,000,000 and HK$300,000,000 respectively. It is not in dispute that all the indebte