Read the full judgment text of HCA 002769/1979 on BabelCite. This High Court CFI judgment.
1. This is a claim brought by the Plaintiff bank ("The Bank") against the 1st and 2nd Defendants who at all material times were directors and shareholders of a company known as Impact Foundations (H.K.) Ltd.("Impact"). The Bank's claim is based on a guarantee which was signed by the Defendants together with a third director, Mr. Robert Gay, by which the Defendants and Mr. Gay guaranteed re-payment of advances made by the Bank to Impact, together with interest thereon. It is not in dispute that t