Read the full judgment text of HCMP 000519/2006 on BabelCite. This High Court CFI judgment was delivered on 12 March 2007.
1. Deacons holds US$5 million (the Amount) in escrow under the terms of an agreement dated 29 March 2005. The escrow agreement provides for payment of the Amount and accrued interest either to Distacom and Mocom (the Sellers) on the one hand or CGL on the other depending on certain events. The Sellers, CGL and Deacons are all parties to the escrow agreement.
Cited by 1 case