13 Oct 2010
PUBLIC TRUST AS TRUSTEE OF THE MORTGAGE DISTRIBUTION FUND V B KUMAR AND ANOR HC AK CIV-2009-404-4886
- Citation
- openlaw-4f93c319_4b52_4a2f_a176_4e7a015084bc.pdf
- Court
- High Court
Summary judgment was granted because the Kumars conceded liability under the guarantee but failed to produce an evidential foundation showing a realistic prospect that the competing Protech agreement would have proceeded to settlement; accordingly there was no arguable breach of s176 and no real defence to defeat summary judgment.