Read the full judgment text of HCA 006865/1987 on BabelCite. This High Court CFI judgment was delivered on 9 April 1990.
1. This is a case in which a broker sues his former client for $14,730,150.44 inclusive of interest up to the 1st November 1987 and costs. The defendant, a former client of the plaintiff broker, seeks to recover the balance of his margin deposit. The transactions involving the plaintiff and the defendant were many but they are not complicated. The matters had been so fully canvassed before me that I find myself in a comfortable position to be able to deliver judgment at the conclusion of he hel