27 Sept 2000
MAGNITOGORSK INTEGRATED IRON AND STEEL WORKS AND ANOTHER v. VAREX & CO. GMBH AND OTHERS
- Citation
- MAGNITOGORSK INTEGRATED IRON AND STEEL WORKS AND ANOTHER v. VAREX & CO. GMBH AND OTHERS
- Court
- Court of First Instance
- Case number
- HCA17492/1999
The court held that the defendants' responses were inadequate because they failed to state material facts and improperly relied on documentary discovery or the plaintiffs' own knowledge; therefore the plaintiffs were entitled to further and better particulars identifying the appointments (agency, exclusive distributor, consultant), the identity and transactions of the representative office, detailed transactional terms (buyers, price, quantity, contractual terms) and the financial institutions supplying the alleged US$1.6 billion credit facilities.