Read the full judgment text of CACV 000131/2008 on BabelCite. This Court of Appeal judgment was delivered on 30 May 2008.
1. On 9 May 2008 Stone J made an order that the defendants should provide security in a manner acceptable to the plaintiffs, alternatively in a manner to be decided by the Registrar of the High Court, in the sum of US$65 million. The purpose of that order was that the Hua Tian Long (“the vessel”) could be released. On the same day, the judge refused a stay of execution. The orders were then drawn up and the plaintiffs filed a notice of appeal. Following directions, which were given by the Ch