Read the full judgment text of HCA 5258/1994 on BabelCite. This High Court CFI judgment was delivered on 10 March 1995.
1. For some years, the Plaintiff supplied materials to the 1st Defendant, Hangyiu Ltd. ("Hangyiu"). Some of those materials were not paid for. In this action, the Plaintiff claims the balance of the price of the materials from Hangyiu. Hangyiu has no defence to that claim. However, the judgment to which the Plaintiff is entitled against Hangyiu is of little value to the Plaintiff. That is because Hangyiu has ceased to trade, and it does not have the money to settle its debt to the Plaintiff. Tha
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