29 Apr 1983
LLOYDS BANK INTERNATIONAL LTD AND ANOTHER v. VICTOR FOLCH VERNET AND OTHERS
- Citation
- LLOYDS BANK INTERNATIONAL LTD AND ANOTHER v. VICTOR FOLCH VERNET AND OTHERS
- Court
- Court of First Instance
- Case number
- HCA9151/1982
The court granted the application permitting Mr. Antony Lo and Great Eagle Company Limited to advance funds to meet the guarantee obligations because the proposed loan was a legitimate asset‑preserving manoeuvre, there was no real substance to the plaintiffs' resistance on the urgent facts presented, and counsel's statements were sufficient for an urgent determination subject to remedies if inaccurate.