14 Aug 2014
DE CORO LTD ( IN LIQUIDATION) v. LUCA RICCI
- Citation
- DE CORO LTD ( IN LIQUIDATION) v. LUCA RICCI
- Court
- Court of First Instance
- Case number
- HCA594/2010
Defendant failed to discharge the burden of proof that the six payments reduced the loan or were bona fide injections for the company's use; defendant also failed to prove the existence/authenticity of the Royalty Agreement and two invoices. The court therefore rejected the defendant's defences, drew adverse inferences from his non-attendance, released the plaintiff from any deemed admissions in respect of the disputed documents and entered judgment for the plaintiff with costs.