Read the full judgment text of HCA 008134/1987 on BabelCite. This High Court CFI judgment.
1. This is an application by the Plaintiff to continue an exparte mareva injunction. The Plaintiff's claim against the Defendant is on an account. They are commodity brokers. The Defendant was a customer. The claim is based on losses arising out of trading in October 1987 when many people sustained disastrous losses. The Defendant has filed a Defence. One of the main platforms of the Defence is that the Plaintiff did not explain the possible risk which would arise out of the customer's agreement