Read the full judgment text of HCB 007452/2009 on BabelCite. This HCB judgment was delivered on 31 August 2009.
1. Two bankruptcy petitions are involved. The debtors therein are husband and wife. The background facts leading to the petitions are identical. It was undisputed the principal debt owed by the debtors to the petitioner amounted to US$10 million. The amount of interest payable thereon was, however, disputed. The petitioner claimed that it totalled about US$4.3 million whereas the debtors alleged it was only around US$2.1 million. The amount of legal costs payable was also in issue.
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