Read the full judgment text of HCA 001099/1987 on BabelCite. This High Court CFI judgment was delivered on 19 July 1989.
1. On the 14 October 1984, parties to this action entered into a "Shareholders Agreement" together with a third shareholder, Mr. James Tien. The object and intention was to purchase and develop a piece of land on Market Street in San Francisco. The vehicle to be used for that purpose was Amerisport International N.V. ("Amerisport") a Netherlands Antilles Corporation. The Shareholders Agreement provided that the plaintiff would take up 50%, the defendant 25% and James Tien the remaining 25% of th