Read the full judgment text of HCA 003170/1980 on BabelCite. This High Court CFI judgment.
1. The plaintiff company (hereinafter referred to as "Novex") was incorporated in Hong Kong in 1976 and deals in design, manufacture and sale of electronic equipments including radio clocks. Novex is associated with a Western Europe importer by the name of Novex Europa GmbH and at the same time exports to other traders in Western Europe and Australia. Novex has a paid-up capital of $750,000.00 and possesses assets of 2.431 million dollars. Its last year's turnover was some 32 million dollars. No