Read the full judgment text of HCA 001461/2007 on BabelCite. This High Court CFI judgment was delivered on 23 July 2009.
1. Mr. Iu claims to have made loans amounting to nearly $5 million to Empresa between 1997 and 1998. Mr. Iu alleges that the loans were made in response to telephone requests made by Mr. Ng in Macau to him in Hong Kong. Mr. Iu contends that, when Mr. Ng made the telephone requests, Mr. Ng said that he would personally guarantee the amounts loaned.