Read the full judgment text of HCA 003064/2002 on BabelCite. This High Court CFI judgment was delivered on 6 January 2003.
1. This is an appeal from the dismissal by Master Raymond Ho of the Defendant's application for security for costs on the 17 December 2002. The Plaintiff is ordinarily resident out of the jurisdiction. He lives in Dubai, in the United Arab Emirates. He is suing the Defendant for the return of $1.5 million which he alleges he loaned to the Defendant in May 1999 (as to $1 million) and October 1999 (as to $500,000). The Defendant contends that the sums were not loans but monies invested by the Plai
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