26 Oct 1989
SOVEREIGN PACIFIC S.A. v. MAIN FORTUNE LTD.
- Citation
- SOVEREIGN PACIFIC S.A. v. MAIN FORTUNE LTD.
- Court
- Court of First Instance
- Case number
- HCA5431/1989
Clause 37, by its natural and ordinary meaning and read against the factual matrix, referred to permission to 'set up' or establish casino operations, which was a definitive act completed before 23 October 1988; therefore the right purportedly exercised to withdraw consent could not operate to stop ongoing casino operations. The Plaintiff failed to prove estoppel by convention and promissory estoppel; the Defendant is not shown to be controlled by Cosco. Remedy: declaration and injunction in favour of Plaintiff.