Read the full judgment text of HCA 000411/2006 on BabelCite. This High Court CFI judgment was delivered on 13 April 2007.
1. This is a derivative action brought by the Plaintiff on behalf of the 2 nd , 3 rd and 4 th Defendants (collectively the “BVI Companies”). The Plaintiff’s claim was, however, overtaken by subsequent events and the key disputes between the parties when this matter came before this Court are whether this action should be stayed or struck out and how the costs previously incurred should be dealt with.