Read the full judgment text of HCA 013805/1996 on BabelCite. This High Court CFI judgment was delivered on 27 February 2006.
1. In this action, the plaintiff claims against the defendant the sum of $2,250,000 together with interest and an order for account. The accounting relief is not pursued at the trial. The basis of the claim is twofold. Firstly, the plaintiff claims that the money was a loan to the defendant, having been paid to a third party at the defendant’s direction and for his benefit. Alternatively, the plaintiff claims that the defendant had misappropriated the money for his use, in breach of his fidu