11 Sept 2006
FINANCIAL TRUST LTD V LEE HC AK CIV 2006-404-580
- Citation
- openlaw-9d545273_ddc6_4d65_a2e5_61206ecabbbb.pdf
- Court
- High Court
Defendant's affidavit and notice of opposition did not disclose any reasonably arguable defence; plaintiff produced executed loan agreements and guarantees, defendant's factual claims were contradicted by evidence (including executed documents and faxed pre-sale contracts) and contractual terms rendered the guarantees enforceable despite alleged defects in enforcement, therefore summary judgment entered for plaintiff for $4,380,468.70.