Read the full judgment text of HCA 000927/2004 on BabelCite. This High Court CFI judgment was delivered on 26 April 2007.
1. This is an action for breach of guarantee. The Plaintiff (“China Complant”) and Fine Projects Limited were parties to a joint venture in civil engineering works. The Plaintiff is an investing party from China providing finance for the joint venture in the amount of $7 million. Fine Projects Limited is a civil engineering company. It was responsible for providing technical know-how to the joint venture and to execute works on behalf of the joint venture. The four Defendants are directors