Read the full judgment text of on BabelCite. was delivered on 1 September 1998.
1. On 28th May, I gave the Defendant leave to defend this action on condition that he paid the sum of $23m. into court by 23rd July. There was no evidence before me that the Defendant would be unable to comply with that condition. However, in case the Defendant wished to allege that he could not comply with it, I gave him liberty to apply to vary the order I had made. It transpired that the Defendant does indeed contend that he is unable to pay the sum of $23m. into court, and accordingly he now