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High Court grants summary judgment against defendant in the sum of €206,396,577.74, having found that no bona fide defence existed to the claim.
Summary judgment - guarantees - limited companies - "all sums due" - whether defence to claim - real or bona fide defence - whether "very clear" that defendant had no case - defence of set-off or counterclaim - whether defence gave rise to set-off in equity - whether counterclaim amounted to independent claim -whether plaintiff reneged on agreement to provide funding - whether evidence of contract - whether alleged contract so vague as to be devoid of legal effect - lack of identified party - whether alleged contract gave rise to defence for defendants rather than contracting party.
Note: This is intended to be a fair and accurate report of a decision made public by a court of law. Any errors should be notified to the editor and will be dealt with accordingly.
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