8 Nov 2011
ST LUKES GROUP (NO. 2) LTD V HOLDING NUMBER ONE LTD HC AK CIV-2011-404-003152
- Citation
- openlaw-c7125560_adf5_4f59_a4eb_4e5ab966cf81.pdf
- Court
- High Court
Summary judgment was entered because the plaintiff proved the debt under the lease and Deeds of Acknowledgement of Debt, the guarantor had irrevocably guaranteed liability as principal debtor and contracted out of set-off, and the alleged $200,000 credit was an unaccepted offer so no arguable defence existed.