Read the full judgment text of HCA 014713/1999 on BabelCite. This High Court CFI judgment was delivered on 14 July 2003.
1. These actions arise out of two loan transactions between the plaintiffs and one Chapol Ltd ("Chapol"). The first one, with which Action No.14173 of 1999 is concerned, was for $5,000,000.00 and the second, with which Action No.14712 of 1999 is concerned, was for $3,000,000.00. Both sums were lent for short terms at high interest on the security of units in a building in Aberdeen called Yan's Tower, which were said to be owned by Chapol. In the event of default the units were to be sold to the
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