Read the full judgment text of HCA 020352/1998 on BabelCite. This High Court CFI judgment was delivered on 6 July 2000.
1. The 1st plaintiff and the defendants were parties to a joint venture agreement signed in 1993. A dispute arose which went to arbitration in the Mainland in 1998. An award, dated 18 March 1998 was made in which the sum claimed, 2.9 million RMB, was awarded to the 2nd plaintiff. The 2nd plaintiff was not a party to the joint venture agreement or the arbitration but, as it was the actual joint venture company, it was at the heart of the proceedings and was, but for a small sum awarded to the 1st