7 Aug 1984
GARPEG LTD. v. THE CHASE MANHATTAN BANK, N.A.
- Citation
- GARPEG LTD. v. THE CHASE MANHATTAN BANK, N.A.
- Court
- Court of First Instance
- Case number
- HCA713/1984
The court refused to discharge the interlocutory injunctions because the change of circumstances (US contempt proceedings and an order against the Bank) was insufficient to outweigh the grave and irreparable prejudice to plaintiffs if disclosure occurred; the Bank had available remedies in the US (stays and appeals) to mitigate contempt risk, and the balance of justice therefore remained in plaintiffs' favour.