Read the full judgment text of HCA 003360/1999 on BabelCite. This High Court CFI judgment was delivered on 4 July 2001.
1. The plaintiff Bank's claim against the 2nd defendant is based on a Deed of Guarantee dated 4 December 1997 executed by the 2nd defendant in favour of the plaintiff to secure loan facilities in the sum of $10m. granted by the plaintiff to the 1st defendant. The loan to the 1st defendant was in order to enable the 1st defendant to complete a real estate project in mainland China.