Read the full judgment text of HCA 001514/1972 on BabelCite. This High Court CFI judgment.
1. The plaintiff is an exporter and the defendant a banker both having business premises in Hong Kong. They had had business dealings for some years since 1961 whereby the defendant provided the plaintiff with credit facilities in respect of his export business. In consideration of such facilities the plaintiff deposited with the Dresdner Bank in Augsburg certain shares to the value of DM$190,000 in favour of the defendant as security with the instructions that such shares were not to be release