30 Jun 2017
JOTZ, KLAUS BERNHARD MARKUS v. HAMAWY, TAREK MAHMOUD AND ANOTHER
- Citation
- JOTZ, KLAUS BERNHARD MARKUS v. HAMAWY, TAREK MAHMOUD AND ANOTHER
- Court
- Court of First Instance
- Case number
- HCA1150/2013
The court held that the Settlement Agreement, read as a whole, superseded the prior disputes and established binding obligations on the defendants to repay the outstanding loan principals and agreed profit amounts according to the repayment schedule; the court was entitled to proceed and determine the matter in the defendants' absence and enter judgment accordingly.