Read the full judgment text of CACV 000331/2006 on BabelCite. This Court of Appeal judgment was delivered on 29 January 2007.
1. This is an application for security for costs pending appeal. The appeal is from a judgment of Sakhrani J, given in August of last year. The judge there was hearing an appeal from the Master who gave summary judgment against the 2nd Defendant. The total sum of the judgment ordered by the judge was something over $6.2 million, of which $5.6 million was the capital sum. The plaintiff’s claim against the Defendant was in respect of money owing on a loan and the 2nd Defendant was a guarantor.