Read the full judgment text of HCA 632/2011 on BabelCite. This High Court CFI judgment was delivered on 12 April 2012.
1. The plaintiff (“ UES ”) seeks summary judgment to be entered against the defendant (“ Maruba ”) for sums due under a letter of guarantee dated 26 December 2006 (“ Guarantee ”), whereby Maruba guaranteed the due payment and full performance of the obligations of South Atlantic Container Line Ltd (“ South Atlantic ”) and of Nexxus Leasing Co Ltd (“ Nexxus ”) under and pursuant to leasing agreements made between UES, Atlantic and Nexxus (“ Leases ”).
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