29 Nov 2013
GR EAT CITY ENTERPRISES LTD v. UBS AG
- Citation
- GR EAT CITY ENTERPRISES LTD v. UBS AG
- Court
- Court of First Instance
- Case number
- HCA1217/2009
On the balance of probabilities the court found that the plaintiff authorised the defendant to trade using the plaintiff's funds by a verbal agreement reached on 28 May 2008; contemporaneous documents, electronic login records and communications supported that finding; regulatory instruments were not pleaded and could not be relied on; accordingly the plaintiff's claim for breach of contract was dismissed and costs were awarded to the defendant.