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High Court grants summary judgment in respect of four loans, on the grounds that it was very clear that the borrower had no defence to the claim, and that there was no ambiguity in the offer letters in respect of whether the sums were due, or whether the bank was entitled to claim judgment in respect of all sums.
Application for summary judgment - two outstanding loans - whether very clear that defendant had no case - relevant principles - definition of "review / refinance" in letter from bank - whether letter ambiguous - expiration of loan period - whether total sum due on expiration - caution required by court on granting summary judgment - bank acting as agent for related bank - whether bank entitled to call in loan not in default on basis of default on other loans.
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