Read the full judgment text of HCA 006021/1985 on BabelCite. This High Court CFI judgment.
1. The defendant, Mr. SO Sun-yuen (So), is a Hong Kong businessman who speculated in gold on margin through the plaintiff firm of gold dealers. The dispute and the virtually sole issue in this action is whether the defendant orally instructed the plaintiff to liquidate his position and close his account on 3rd September 1982. If he had done so, he would be entitled to a credit of about $56,000 that then subsisted; if not, he would be indebted to the plaintiff in the sum of some $214,000 followin