4 Jun 2010
OTIUM TRUSTEE LIMITED AND ORS V ARCAD LIMITED HC AK CIV-2009-404-7767
- Citation
- openlaw-3fc39c99_a2a1_4bfb_9783_1b8fc05967d2.pdf
- Court
- High Court
The High Court upheld the District Court: the core debt for jurisdictional measurement was $175,000 with contractual interest estimated at $15,324 leaving the claim within the $200,000 limit; costs remain discretionary and do not automatically increase the claim for jurisdictional purposes; specific performance and consequential orders were properly available and the caveat and failure to supply powers of attorney did not establish breach justifying cancellation; clauses 7 and 2(b) were correctly construed by the Judge; the appeal is dismissed and costs awarded to the respondent on a standard…