4 Mar 2015
BEL NICKEL RESOURCES LTD v. EASTBOURNE TRADING PTE LTD AND OTHERS
- Citation
- BEL NICKEL RESOURCES LTD v. EASTBOURNE TRADING PTE LTD AND OTHERS
- Court
- Court of First Instance
- Case number
- HCA2042/2009
The court found on the balance of probabilities that Good Year acted as agent for Bel Nickel and that the parties always intended the Bel Nickel agreement to be the true contract effective from 30 August 2008; the defendants were therefore liable to reimburse freight and insurance paid by Bel Nickel in the sum of US$1,562,284.49 plus interest; allegations of personal oral guarantees against the 2nd and 3rd defendants failed for lack of proof.