Read the full judgment text of DCMP 000526/2007 on BabelCite. This District Court judgment.
1. The Plaintiff (" ERP ") claims for amounts due under a loan agreement made with the 1st Defendant (" Top Pine ") as borrower, secured by a legal charge executed by the 2nd Defendant (" Lam "). Under the loan agreement, ERP agreed to provide a revolving working capital loan to Top Pine by settling invoices from Top Pine's suppliers on its part. In their defence and counterclaim, Top Pine and Lam dispute the amounts claimed, and allege that Top Pine is entitled to set-off against the outstandi
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