Read the full judgment text of CACV 000099/1986 on BabelCite. This Court of Appeal judgment.
1. This is an appeal against the decision of Jones J. who gave judgment against the two Defendants upon an Order 14 summons. That against the 1st Defendant was in the sum of $170,000, and that against 2nd Defendant, $70,000. These were the respective amounts of guarantees which the Defendants had signed in support of facilities granted by the Plaintiff to the Very Nice Watch Case Manufactory Ltd. of which the Defendants are both directors. The guarantees are expressed to be -