Read the full judgment text of HCA 490/2007 on BabelCite. This High Court CFI judgment was delivered on 27 June 2007.
1. The plaintiff bought from the defendant the defendant’s shares in a Chinese company for US$11.125 million. Then, according to the plaintiff, it found out that the receivables of the company had been overstated by about $20 million. The plaintiff applied for, and obtained a world-wide Mareva injunction.
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