BCCI (Overseas) Ltd. and others

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In the Grand Court of the Cayman Islands

Cause No. G 0284 AND 0286 OF 1991

BCCI (Overseas) Ltd. and others

Judgment delivered 1992-Jun-18

<table>
<tr>
<td>IN THE GRAND COURT OF THE CAYM P.D ON</td>
</tr>
<tr>
<td>HOLDEN AT GEORGE TOWN， GRAND</td>
</tr>
<tr>
<td>CAUSE NOS. 284 AND 286 OF</td>
</tr>
<tr>
<td>189</td>
</tr>
<tr>
<td>IN THE MATTER OF：</td>
</tr>
<tr>
<td>BANK OF CREDIT AND COMMERCE INT</td>
</tr>
<tr>
<td>(OVERSEAS) LIMITED</td>
</tr>
<tr>
<td>CAL</td>
</tr>
<tr>
<td>AND</td>
</tr>
<tr>
<td>CREDIT AND FINANCE CORPORATION 11</td>
</tr>
<tr>
<td>IAN ISL</td>
</tr>
<tr>
<td>AND IN THE MATTER OF：</td>
</tr>
<tr>
<td>AYMA</td>
</tr>
<tr>
<td>INTERNATIONAL CREDIT AND INVESTI</td>
</tr>
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<td>199 ANY</td>
</tr>
<tr>
<td>(OVERSEAS) LTD.</td>
</tr>
<tr>
<td>AND IN THE MATTER OF：</td>
</tr>
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<td>THE BANKS AND TRUST COMPANIES</td>
</tr>
<tr>
<td>NT CO LIMI</td>
</tr>
<tr>
<td>AND IN THE MATTER OF：</td>
</tr>
<tr>
<td>THE COMPANIES LAW (REVI</td>
</tr>
<tr>
<td>146</td>
</tr>
<tr>
<td>Yester day I gave leave for the liq</td>
</tr>
<tr>
<td>of Bank</td>
</tr>
<tr>
<td>Credit and Commerce International (Over</td>
</tr>
<tr>
<td>LAW 1d. ("BCCI</td>
</tr>
<tr>
<td>Over seas") and Credit and Finance Corpo) ) Limited ("C")</td>
</tr>
<tr>
<td>to execute， with one exception， a serie</td>
</tr>
<tr>
<td>sements wh</td>
</tr>
<tr>
<td>have come to be known as the Majority sdato</td>
</tr>
<tr>
<td>er Agreements</td>
</tr>
<tr>
<td>and the Pooling Agreements， and to do e</td>
</tr>
<tr>
<td>reho</td>
</tr>
<tr>
<td>seas necessary to</td>
</tr>
<tr>
<td>implement them fully and comply with th ration</td>
</tr>
<tr>
<td>ul. The</td>
</tr>
<tr>
<td>exception was the agreement containing 5 of 2</td>
</tr>
<tr>
<td>as and</td>
</tr>
<tr>
<td>conditions on which the Majority Sharehe</td>
</tr>
<tr>
<td>hand the</td>
</tr>
<tr>
<td>principal BCIT companies' relationship</td>
</tr>
<tr>
<td>very th</td>
</tr>
<tr>
<td>Credit and Investment Company (Overseas CI</td>
</tr>
<tr>
<td>with I</td>
</tr>
<tr>
<td>ICIC</td>
</tr>
<tr>
<td>Over seas") and its related companies， t.Ltd.</td>
</tr>
<tr>
<td>the group， wo</td>
</tr>
<tr>
<td>uld</td>
</tr>
<tr>
<td>be resolved.</td>
</tr>
<tr>
<td>The reason for that was that I wan gro</td>
</tr>
<tr>
<td>ear the</td>
</tr>
<tr>
<td>specific submissions relating to the I Cited to</td>
</tr>
<tr>
<td>which we</td>
</tr>
</table>

<table>
<tr>
<td>due to be heard immediately after those relating to BC</td>
</tr>
<tr>
<td>Overseas and CFC before making a decision. That has n</td>
</tr>
<tr>
<td>happened, and in view of the judgment which I shall be</td>
</tr>
<tr>
<td>delivering later this morning in relation to the ICIC</td>
</tr>
<tr>
<td>I extend the leave given yesterday to include the ICIC</td>
</tr>
<tr>
<td>agreement.</td>
</tr>
<tr>
<td>The intent of the Majority Shareholder Agreements</td>
</tr>
<tr>
<td>together, is that the Government of Abu Dhabi will make</td>
</tr>
<tr>
<td>available, subject to conditions, for distribution to</td>
</tr>
<tr>
<td>rdinary unsecured creditors of the principal BCCI comp， CI</td>
</tr>
<tr>
<td>The main agreement is a Contribution Agreement dealing</td>
</tr>
<tr>
<td>those funds which will be available to the creditors o，</td>
</tr>
<tr>
<td>principal BCCI companies who accept the offer， one of group</td>
</tr>
<tr>
<td>terms of which is that they release any claims which the funds</td>
</tr>
<tr>
<td>nave against the Government of Abu Dhabi， the Majority</td>
</tr>
<tr>
<td>Shareholders， and related persons. The principal BCCI， take</td>
</tr>
<tr>
<td>companies and the Government of Abu Dhabi， the Majority with</td>
</tr>
<tr>
<td>shareholders， and related persons will also enter into the</td>
</tr>
<tr>
<td>wide-ranging mutual releases， and the Abu Dhabi parties</td>
</tr>
<tr>
<td>be admitted as creditors in the liquidation of BCCI Overlay may</td>
</tr>
<tr>
<td>and BCCI SA.</td>
</tr>
<tr>
<td>Consideration of the effect of the mutual releases</td>
</tr>
<tr>
<td>fundamental to the assessment of the Abu Dhabi offer. I</td>
</tr>
<tr>
<td>going further into that， I make one general comment. I re</td>
</tr>
<tr>
<td>without saying that this Court is exercising its own</td>
</tr>
<tr>
<td>independent jurisdiction in this matter， and I was sat s</td>
</tr>
<tr>
<td>that Sections 162 and 163 of our Companies Law provided</td>
</tr>
<tr>
<td>jurisdiction to make the orders and directions which I t gots</td>
</tr>
<tr>
<td>make. Indeed， no submission to the contrary was made. did</td>
</tr>
<tr>
<td>In reaching that conclusion， I was assisted， not o</td>
</tr>
<tr>
<td>the submissions made by Mr. Pascoe on behalf of the</td>
</tr>
<tr>
<td>by</td>
</tr>
<tr>
<td>liquidators， but by those made at my request by Mr. Den</td>
</tr>
<tr>
<td>Amicus Curiae， a friend of the Court. Nevertheless， I n as</td>
</tr>
<tr>
<td>to recognize， as I am glad to do， that these agreements</td>
</tr>
<tr>
<td>only</td>
</tr>
<tr>
<td>part of an immense international effort to salvage what</td>
</tr>
<tr>
<td>are</td>
</tr>
<tr>
<td>be salvaged for the creditors out of the BCCI debacle.</td>
</tr>
<tr>
<td>can</td>
</tr>
</table>

The document discusses the complexities and challenges in the liquidation process of BCCI SA and BCCI Overseas, highlighting the need for a more orderly and efficient approach to processing claims and distributing assets to creditors. The text emphasizes the importance of considering the best interests of the creditors and the need to unravel the tangled affairs of these entities in a manner that is both fair and transparent.

The document also mentions the principal liquidations in the Cayman Islands and Luxembourg, which are ancillary to the main liquidations of BCCI Overseas and BCCI SA. It notes that BCCI Overseas has 63 branches in 28 countries, while BCCI SA has 47 branches in 13 countries. The text further elaborates on the extent of the problem and the extent to which the proposals of BCCI SA and BCCI Overseas are shared.

The document then shifts focus to the approach of the liquidators, particularly the liquidator of BCCI SA, and the mutual releases between the liquidators and the Abu Dhabi parties. It mentions that the legal advice given to the liquidators is confidential and should not be canvassed in public. The text also discusses the strengths and weaknesses of the claims and the mutual releases, which have not yet been achieved.

The document concludes by stating that anyone who reads the liquidators' report will see that court proceedings in respect of these mutual claims would be likely to be protracted (five to ten years) and that the outcome is uncertain. It also mentions that the proposals are estimated to be enormously expensive and that there is an uncertainty as to both liability and enforceability of the recovery.

<table>
<tr>
<td>negotiations.</td>
<td>affidavit evidence produced by the Abu</td>
</tr>
<tr>
<td>authorities in England was read to me.</td>
<td>It was that t</td>
</tr>
<tr>
<td>Majority Shareholders were themselves the principal v</td>
<td>of the fraud within the BCCI group, and that they hav</td>
</tr>
<tr>
<td>suffered loss exceeding $6,000 million.</td>
<td>They point o</td>
</tr>
<tr>
<td>no one else has offered to make any substantial payme</td>
<td>the general body of creditors. They have repeated th</td>
</tr>
<tr>
<td>commercial terms of the proposals are not negotiable.</td>
<td>o</td>
</tr>
<tr>
<td>will not increase the amount of their offer.</td>
<td>I do nom</td>
</tr>
<tr>
<td>believe that the door is open to further negotiations</td>
<td>Dhabi</td>
</tr>
<tr>
<td>those lines in realistic terms.</td>
<td></td>
</tr>
<tr>
<td>The second alternative, if the proposals are rej</td>
<td>for</td>
</tr>
<tr>
<td>is court proceedings by the liquidators against the A</td>
<td>he</td>
</tr>
<tr>
<td>parties. In that event, distribution to creditors is out that</td>
<td>They</td>
</tr>
<tr>
<td>unlikely to be made for years. The latest estimate it</td>
<td>nt</td>
</tr>
<tr>
<td>the assets of the principal BCCI companies are expect</td>
<td>at the</td>
</tr>
<tr>
<td>realise about $1.301 million. All this money would hnal</td>
<td></td>
</tr>
<tr>
<td>be retained by the liquidators to meet the $2.2 thousand</td>
<td></td>
</tr>
<tr>
<td>million proprietary claims being asserted by the Abu D</td>
<td>bu D</td>
</tr>
<tr>
<td>authorities. If those claims succeeded, the companies to</td>
<td></td>
</tr>
<tr>
<td>well be wiped out. At best, the liquidators could mal that</td>
<td></td>
</tr>
<tr>
<td>distribution until after the claim has been resolved, and</td>
<td></td>
</tr>
<tr>
<td>If the Abu Dhabi offer is accepted and its contrib</td>
<td>ave to</td>
</tr>
<tr>
<td>of some $1,500 million is included, the likely dividend</td>
<td></td>
</tr>
<tr>
<td>becomes a little over 32 percent with the first distr</td>
<td>ke no</td>
</tr>
<tr>
<td>to depositors probably being made by the middle of ne</td>
<td>5 cou</td>
</tr>
<tr>
<td>The liquidators have also applied for a set of</td>
<td>ibuti</td>
</tr>
<tr>
<td>directions which I will call, as they have, the "Cayma</td>
<td>year</td>
</tr>
<tr>
<td>Directions". The primary object of the Cayman Distributio</td>
<td></td>
</tr>
<tr>
<td>to provide for claims in the liquidation of BCCI Overs</td>
<td>15</td>
</tr>
<tr>
<td>be dealt with in accordance with a defined set of rule</td>
<td>to</td>
</tr>
<tr>
<td>the absence of the Court having made its own rules gov</td>
<td>rs. In</td>
</tr>
<tr>
<td>the winding up of companies, the matter falls to be dening</td>
<td>tons</td>
</tr>
<tr>
<td>with in accordance with the general practice of the Cc</td>
<td>seas</td>
</tr>
<tr>
<td>In the present, case I accept the proposal that the rules,</td>
<td>alt</td>
</tr>
<tr>
<td>contained in the Insolvency Rules 1986 of England and</td>
<td>iles</td>
</tr>
<tr>
<td>Wa</td>
<td></td>
</tr>
</table>

insofar as they relate to winding up of companies by

the High Court of Justice in England, should apply to

winding up of BCCI Overseas by order of this Court, to

extent that they are not inconsistent with the Company

In delivering his directions on the 2nd of March he

and in his judgment of the 8th of June, the Vice-Charth

considered whether or not directions should be given

English liquidators to convene a meeting of the credi

nd

He considered the practical problems arising in the ce

rs

of a far from ordinary liquidation involving large num

order

creditors located in different jurisdictions. In parhe

he considered the problem of the timing of such a meet

against the background of the timetable laid down by

Majority shareholder agreements.

The same sort of practical problems would arise

attempting to convene meetings of creditors of BCCI O

for the purposes of Section 104 of the Companies Law

(Revised). However, by the same Section the Court is

entitled to have regard to the wishes of creditors as

the

to it by any sufficient evidence. The establishment

of creditors will provide a convenient mean in

this purpose. In addition, the formation of such a c

will bring the liquidation of BCCI Overseas in the Cayman

Islands into line in this respect with the proceeding

relating to BCCI SA in England and Luxembourg. An or

is for

the establishment of such a committee will be includemitt

of a

Cayman Directions.

At the hearing yesterday the Majority Shareholder

om

other creditors were represented and expressed willinder fo

and desire to serve on the creditors committee. The gnass

direction to be included in the Cayman Directions is

direction that a committee of creditors should be for a

matters relating to its constitution, function, and

membership being adjourned for consideration in chamb

that notice of that hearing should be served on the co th

to whom I have referred. That is to say, in addition redito

<table>
<tr>
<td>Majority Shareholders Visa International， National Bar</td>
</tr>
<tr>
<td>Oman Ltd.， Petroservicios Ltda.， and BCC(MISR) SAE.</td>
</tr>
<tr>
<td>other respects， the Cayman Directions were approved in</td>
</tr>
<tr>
<td>accordance with the draft directions sought and set out in their report dated the 24th of March. That report has been quite widely circulated and was extensively referred to during the hearing yesterday.</td>
</tr>
<tr>
<td>Appendix 1 of the liquidators' report dated 24th of May 1992.</td>
</tr>
<tr>
<td>I have not attempted to go exhaustively into the matter for and against the proposals which the liquidators have</td>
</tr>
<tr>
<td>proposed is in the best interests of the creditors as a whole. It is scant comfort to them to be told that half a loaf is better than no bread， but the alternative is a fact of life， and， in my judgment， a gamble against the odds. It has</td>
</tr>
<tr>
<td>result through negotiation or litigation. Like the Vice-Chancellor in England， I attach ligamb. The</td>
</tr>
<tr>
<td>importance to the fact that only creditors who relinguish a</td>
</tr>
<tr>
<td>claim may themselves have against the Abu Dhabi better</td>
</tr>
<tr>
<td>proposals now converts that possibility into a certainty the</td>
</tr>
<tr>
<td>The Abu Dhabi Government's offer is conditional on acceptance by creditors with admitted claims totalling $7，000 million have</td>
</tr>
<tr>
<td>The Abu Dhabi Government can waive this high figure， pha</td>
</tr>
<tr>
<td>without the liquidators' consent if acceptances are less than $4，750 million. The liquidators would not give such consent without returning to the Court for further directions.</td>
</tr>
<tr>
<td>is a very important safeguard for the creditors. That</td>
</tr>
</table>

There is another important point with which I must conclude. Unlike the hearing here, the application by the liquidators of BCCI SA in London was strenuously opposed. The decision by the Vice-Chancellor is under appeal. If that appeal succeeds, the liquidators of BCCI Overseas will undertake to seek further directions from this Court.

I now turn to the application by the liquidators of BCCI Overseas in case number 286 of 1991. They seek approval of an agreement substantially in the form of the draft ICIC agreement which they have already placed before the Court in their capacity as liquidators of BCCI Overseas and CFC. The agreement is one of the Majority Shareholders' Agreements, and I need not repeat what I have already said with regard to aspects of those agreements viewed as having regard to the terms of the ICIC agreement in that package and within the group.

It is apparent from the Provisional Liquidators' investigation to date that ICIC Overseas was established for the purpose of providing banking services to clients on a confidential basis. It was and continues to be the recipient of funds from BCCI Overseas and, perhaps, other members of the BCCI group, and it acted as a conduit for those and other funds to other members of the ICIC group. All ICIC Overseas accounts and reconciliations were located in Grand Cayman, and the day-to-day booking of other transactions was carried out in Grand Cayman. However, so far that the decision-making in ICIC Overseas was initiated and coordinated by BCCI management and others, and the ultimate affairs of the ICIC group and the BCCI group were intact.

The background to the ICIC agreement is that the Majority Shareholders claim to have tracing or other proprietary and trust claims against ICIC Overseas, and the investments, and other companies in the ICIC group, as the principal BCCI companies arising from the alleged some misappropriation and misapplication of sums deposited in customers and borrowers common to both the BCCI group and ICIC Overseas.

Majority Shareholders with ICIC Overseas, which total $2,000 million, pursuant to the ICIC agreement, is intended that the ICIC group will be ring-fenced, C assets of the companies pooled and the companies liquidated in the agreement are mutual relied in between the Majority Shareholders, the principal BCCI by the companies and ICIC. From that it can be seen that the prospect of a conflict of interest situation arises from the liquidators in their capacities as liquidators of BCCI Overseas and CFC, and of ICIC Overseas.

I am satisfied that the ICIC agreement would be of considerable benefit to the creditors of ICIC Overseas. Indeed, they would, as far as can be foreseen, do comparatively well. Without the agreement, and even that a claim against BCCI for $2 billion is sound with regard to the other way, what matters in the present situation more than the merits is the prospect of seeing the fruits of victory. They could be minimal or negligible, any non-existent without the rescue package of which the ven agreement is a part. However, there is no fully independent opinion before the liquidators or the Court dealing with the matter.

<table>
<tr>
<td>merits of the mutual claims between ICIC and the pri</td>
</tr>
<tr>
<td>BCCI companies. The liquidators act on both sides.</td>
</tr>
<tr>
<td>The Court undoubtedly has jurisdiction to appro d</td>
</tr>
<tr>
<td>agreements no less than in the case of the others wi</td>
</tr>
<tr>
<td>I have already dealt, but should I exercise it in the le</td>
</tr>
<tr>
<td>circumstances? In the ordinary case, I would be almost</td>
</tr>
<tr>
<td>compelled to adjourn the matter for independent advice</td>
</tr>
<tr>
<td>obtained, but this is the exceptional case. The ICIC</td>
</tr>
<tr>
<td>agreement is an important building block in the struc</td>
</tr>
<tr>
<td>the overall scheme of partial rescue offered by the lic</td>
</tr>
<tr>
<td>Shareholders. Without it that structure collapses.</td>
</tr>
<tr>
<td>Moreover, the whole matter is urgent, even taking into</td>
</tr>
<tr>
<td>account the extended deadlines to which the Majority</td>
</tr>
<tr>
<td>Shareholders have agreed. Their attitude is clear f</td>
</tr>
<tr>
<td>affidavit which they put in in Cause 284 of 1991. Future</td>
</tr>
<tr>
<td>delays can jeopardize the whole negotiations and be it</td>
</tr>
<tr>
<td>catastrophic.</td>
</tr>
<tr>
<td>If the Majority Shareholders' tracing or other he</td>
</tr>
<tr>
<td>proprietary claims are left in place and succeed, the</td>
</tr>
<tr>
<td>major</td>
</tr>
<tr>
<td>not only wipe out any return to the creditors of ICIC</td>
</tr>
<tr>
<td>Overseas, but by reason of their nature spill over ag</td>
</tr>
<tr>
<td>the creditors of the principal BCCI companies. It w</td>
</tr>
<tr>
<td>wrong for me to comment in more detail than is reveal</td>
</tr>
<tr>
<td>the liquidators' report on the claims by the Majority</td>
</tr>
<tr>
<td>Shareholders, but as the Liquidators themselves recog</td>
</tr>
<tr>
<td>even the pursuit of such a claim would prevent any w</td>
</tr>
<tr>
<td>distribution being made to creditors until it was res</td>
</tr>
<tr>
<td>That would be years ahead. The elimination of the cl</td>
</tr>
<tr>
<td>on any view an advantage of such an overwhelming kind</td>
</tr>
<tr>
<td>claim is</td>
</tr>
<tr>
<td>hard to envisage any independent expert advising a</td>
</tr>
<tr>
<td>rt.</td>
</tr>
<tr>
<td>This matter of conflict of interest is a serious</td>
</tr>
<tr>
<td>difficult one, but taking into account all the matter</td>
</tr>
<tr>
<td>which I have referred, I conclude that I should appro</td>
</tr>
<tr>
<td>without further delay, an agreement substantially in</td>
</tr>
<tr>
<td>of a draft submitted to me, and authorise and empower</td>
</tr>
<tr>
<td>ferr</td>
</tr>
<tr>
<td>the</td>
</tr>
<tr>
<td>Liquidators to execute it and do the acts and things</td>
</tr>
</table>

<table>
<tr>
<td>1</td>
<td>2</td>
<td>3</td>
<td>4</td>
<td>5</td>
<td>6</td>
<td>7</td>
<td>8</td>
<td>9</td>
<td>10</td>
<td>11</td>
<td>12</td>
<td>13</td>
<td>14</td>
<td>15</td>
<td>16</td>
<td>17</td>
<td>18</td>
<td>19</td>
<td>20</td>
<td>21</td>
<td>22</td>
<td>23</td>
<td>24</td>
<td>25</td>
<td>26</td>
<td>27</td>
<td>28</td>
<td>29</td>
<td>30</td>
<td>31</td>
<td>32</td>
<td>33</td>
<td>34</td>
<td>35</td>
<td>36</td>
<td>37</td>
<td>38</td>
<td>39</td>
<td>40</td>
<td>41</td>
<td>42</td>
<td>43</td>
<td>44</td>
<td>45</td>
<td>46</td>
<td>47</td>
<td>48</td>
<td>49</td>
<td>50</td>
<td>51</td>
<td>52</td>
<td>53</td>
<td>54</td>
<td>55</td>
<td>56</td>
<td>57</td>
<td>58</td>
<td>59</td>
<td>60</td>
<td>61</td>
<td>62</td>
<td>63</td>
<td>64</td>
<td>65</td>
<td>66</td>
<td>67</td>
<td>68</td>
<td>69</td>
<td>70</td>
<td>71</td>
<td>72</td>
<td>73</td>
<td>74</td>
<td>75</td>
<td>76</td>
<td>77</td>
<td>78</td>
<td>79</td>
<td>80</td>
<td>81</td>
<td>82</td>
<td>83</td>
<td>84</td>
<td>85</td>
<td>86</td>
<td>87</td>
<td>88</td>
<td>89</td>
<td>90</td>
<td>91</td>
<td>92</td>
<td>93</td>
<td>94</td>
<td>95</td>
<td>96</td>
<td>97</td>
<td>98</td>
<td>99</td>
<td>100</td>
<td>101</td>
<td>102</td>
<td>103</td>
<td>104</td>
<td>105</td>
<td>106</td>
<td>107</td>
<td>108</td>
<td>109</td>
<td>110</td>
<td>111</td>
<td>112</td>
<td>113</td>
<td>114</td>
<td>115</td>
<td>116</td>
<td>117</td>
<td>118</td>
<td>119</td>
<td>120</td>
<td>121</td>
<td>122</td>
<td>123</td>
<td>124</td>
<td>125</td>
<td>126</td>
<td>127</td>
<td>128</td>
<td>129</td>
<td>130</td>
<td>131</td>
<td>132</td>
<td>133</td>
<td>134</td>
<td>135</td>
<td>136</td>
<td>137</td>
<td>138</td>
<td>139</td>
<td>140</td>
<td>141</td>
<td>142</td>
<td>143</td>
<td>144</td>
<td>145</td>
<td>146</td>
<td>147</td>
<td>148</td>
<td>149</td>
<td>150</td>
<td>151</td>
<td>152</td>
<td>153</td>
<td>154</td>
<td>155</td>
<td>156</td>
<td>157</td>
<td>158</td>
<td>159</td>
<td>160</td>
<td>161</td>
<td>162</td>
<td>163</td>
<td>164</td>
<td>165</td>
<td>166</td>
<td>167</td>
<td>168</td>
<td>169</td>
<td>170</td>
<td>171</td>
<td>172</td>
<td>173</td>
<td>174</td>
<td>175</td>
<td>176</td>
<td>177</td>
<td>178</td>
<td>179</td>
<td>180</td>
<td>181</td>
<td>182</td>
<td>183</td>
<td>184</td>
<td>185</td>
<td>186</td>
<td>187</td>
<td>188</td>
<td>189</td>
<td>190</td>
<td>191</td>
<td>192</td>
<td>193</td>
<td>194</td>
<td>195</td>
<td>196</td>
<td>197</td>
<td>198</td>
<td>199</td>
<td>200</td>
<td>201</td>
<td>202</td>
<td>203</td>
<td>204</td>
<td>205</td>
<td>206</td>
<td>207</td>
<td>208</td>
<td>209</td>
<td>210</td>
<td>211</td>
<td>212</td>
<td>213</td>
<td>214</td>
<td>215</td>
<td>216</td>
<td>217</td>
<td>218</td>
<td>219</td>
<td>220</td>
<td>221</td>
<td>222</td>
<td>223</td>
<td>224</td>
<td>225</td>
<td>226</td>
<td>227</td>
<td>228</td>
<td>229</td>
<td>230</td>
<td>231</td>
<td>232</td>
<td>233</td>
<td>234</td>
<td>235</td>
<td>236</td>
<td>237</td>
<td>238</td>
<td>239</td>
<td>240</td>
<td>241</td>
<td>242</td>
<td>243</td>
<td>244</td>
<td>245</td>
<td>246</td>
<td>247</td>
<td>248</td>
<td>249</td>
<td>250</td>
<td>251</td>
<td>252</td>
<td>253</td>
<td>254</td>
<td>255</td>
<td>256</td>
<td>257</td>
<td>258</td>
<td>259</td>
<td>260</td>
<td>261</td>
<td>262</td>
<td>263</td>
<td>264</td>
<td>265</td>
<td>266</td>
<td>267</td>
<td>268</td>
<td>269</td>
<td>270</td>
<td>271</td>
<td>272</td>
<td>273</td>
<td>274</td>
<td>275</td>
<td>276</td>
<td>277</td>
<td>278</td>
<td>279</td>
<td>280</td>
<td>281</td>
<td>282</td>
<td>283</td>
<td>284</td>
<td>285</td>
<td>286</td>
<td>287</td>
<td>288</td>
<td>289</td>
<td>290</td>
<td>291</td>
<td>292</td>
<td>293</td>
<td>294</td>
<td>295</td>
<td>296</td>
<td>297</td>
<td>298</td>
<td>299</td>
<td>300</td>
<td>301</td>
<td>302</td>
<td>303</td>
<td>304</td>
<td>305</td>
<td>306</td>
<td>307</td>
<td>308</td>
<td>309</td>
<td>310</td>
<td>311</td>
<td>312</td>
<td>313</td>
<td>314</td>
<td>315</td>
<td>316</td>
<td>317</td>
<td>318</td>
<td>319</td>
<td>320</td>
<td>321</td>
<td>322</td>
<td>323</td>
<td>324</td>
<td>325</td>
<td>326</td>
<td>327</td>
<td>328</td>
<td>329</td>
<td>330</td>
<td>331</td>
<td>332</td>
<td>333</td>
<td>334</td>
<td>335</td>
<td>336</td>
<td>337</td>
<td>338</td>
<td>339</td>
<td>340</td>
<td>341</td>
<td>342</td>
<td>343</td>
<td>344</td>
<td>345</td>
<td>346</td>
<td>347</td>
<td>348</td>
<td>349</td>
<td>350</td>
<td>351</td>
<td>352</td>
<td>353</td>
<td>354</td>
<td>355</td>
<td>356</td>
<td>357</td>
<td>358</td>
<td>359</td>
<td>360</td>
<td>361</td>
<td>362</td>
<td>363</td>
<td>364</td>
<td>365</td>
<td>366</td>
<td>367</td>
<td>368</td>
<td>369</td>
<td>370</td>
<td>371</td>
<td>372</td>
<td>373</td>
<td>374</td>
<td>375</td>
<td>376</td>
<td>377</td>
<td>378</td>
<td>379</td>
<td>380</td>
<td>381</td>
<td>382</td>
<td>383</td>
<td>384</td>
<td>385</td>
<td>386</td>
<td>387</td>
<td>388</td>
<td>389</td>
<td>390</td>
<td>391</td>
<td>392</td>
<td>393</td>
<td>394</td>
<td>395</td>
<td>396</td>
<td>397</td>
<td>398</td>
<td>399</td>
<td>400</td>
<td>401</td>
<td>402</td>
<td>403</td>
<td>404</td>
<td>405</td>
<td>406</td>
<td>407</td>
<td>408</td>
<td>409</td>
<td>410</td>
<td>411</td>
<td>412</td>
<td>413</td>
<td>414</td>
<td>415</td>
<td>416</td>
<td>417</td>
<td>418</td>
<td>419</td>
<td>420</td>
<td>421</td>
<td>422</td>
<td>423</td>
<td>424</td>
<td>425</td>
<td>426</td>
<td>427</td>
<td>428</td>
<td>429</td>
<td>430</td>
<td>431</td>
<td>432</td>
<td>433</td>
<td>434</td>
<td>435</td>
<td>436</td>
<td>437</td>
<td>438</td>
<td>439</td>
<td>440</td>
<td>441</td>
<td>442</td>
<td>443</td>
<td>444</td>
<td>445</td>
<td>446</td>
<td>447</td>
<td>448</td>
<td>449</td>
<td>450</td>
<td>451</td>
<td>452</td>
<td>453</td>
<td>454</td>
<td>455</td>
<td>456</td>
<td>457</td>
<td>458</td>
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<td>467</td>
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<td>471</td>
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<td>474</td>
<td>475</td>
<td>476</td>
<td>477</td>
<td>478</td>
<td>479</td>
<td>480</td>
<td>481</td>
<td>482</td>
<td>483</td>
<td>484</td>
<td>485</td>
<td>486</td>
<td>487</td>
<td>488</td>
<td>489</td>
<td>490</td>
<td>491</td>
<td>492</td>
<td>493</td>
<td>494</td>
<td>495</td>
<td>496</td>
<td>497</td>
<td>498</td>
<td>499</td>
<td>500</td>
<td>501</td>
<td>502</td>
<td>503</td>
<td>504</td>
<td>505</td>
<td>506</td>
<td>507</td>
<td>508</td>
<td>509</td>
<td>510</td>
<td>511</td>
<td>512</td>
<td>513</td>
<td>514</td>
<td>515</td>
<td>516</td>
<td>517</td>
<td>518</td>
<td>519</td>
<td>520</td>
<td>521</td>
<td>522</td>
<td>523</td>
<td>524</td>
<td>525</td>
<td>526</td>
<td>527</td>
<td>528</td>
<td>529</td>
<td>530</td>
<td>531</td>
<td>532</td>
<td>533</td>
<td>534</td>
<td>535</td>
<td>536</td>
<td>537</td>
<td>538</td>
<td>539</td>
<td>540</td>
<td>541</td>
<td>542</td>
<td>543</td>
<td>544</td>
<td>545</td>
<td>546</td>
<td>547</td>
<td>548</td>
<td>549</td>
<td>550</td>
<td>551</td>
<td>552</td>
<td>553</td>
<td>554</td>
<td>555</td>
<td>556</td>
<td>557</td>
<td>558</td>
<td>559</td>
<td>560</td>
<td>561</td>
<td>562</td>
<td>563</td>
<td>564</td>
<td>565</td>
<td>566</td>
<td>567</td>
<td>568</td>
<td>569</td>
<td>570</td>
<td>571</td>
<td>572</td>
<td>573</td>
<td>574</td>
<td>575</td>
<td>576</td>
<td>577</td>
<td>578</td>
<td>579</td>
<td>580</td>
<td>581</td>
<td>582</td>
<td>583</td>
<td>584</td>
<td>585</td>
<td>586</td>
<td>587</td>
<td>588</td>
<td>589</td>
<td>590</td>
<td>591</td>
<td>592</td>
<td>593</td>
<td>594</td>
<td>595</td>
<td>596</td>
<td>597</td>
<td>598</td>
<td>599</td>
<td>600</td>
<td>601</td>
<td>602</td>
<td>603</td>
<td>604</td>
<td>605</td>
<td>606</td>
<td>607</td>
<td>608</td>
<td>609</td>
<td>610</td>
<td>611</td>
<td>612</td>
<td>613</td>
<td>614</td>
<td>615</td>
<td>616</td>
<td>617</td>
<td>618</td>
<td>619</td>
<td>620</td>
<td>621</td>
<td>622</td>
<td>623</td>
<td>624</td>
<td>625</td>
<td>626</td>
<td>627</td>
<td>628</td>
<td>629</td>
<td>630</td>
<td>631</td>
<td>632</td>
<td>633</td>
<td>634</td>
<td>635</td>
<td>636</td>
<td>637</td>
<td>638</td>
<td>639</td>
<td>640</td>
<td>641</td>
<td>642</td>
<td>643</td>
<td>644</td>
<td>645</td>
<td>646</td>
<td>647</td>
<td>648</td>
<td>649</td>
<td>650</td>
<td>651</td>
<td>652</td>
<td>653</td>
<td>654</td>
<td>655</td>
<td>656</td>
<td>657</td>
<td>658</td>
<td>659</td>
<td>660</td>
<td>661</td>
<td>662</td>
<td>663</td>
<td>664</td>
<td>665</td>
<td>666</td>
<td>667</td>
<td>668</td>
<td>669</td>
<td>670</td>
<td>671</td>
<td>672</td>
<td>673</td>
<td>674</td>
<td>675</td>
<td>676</td>
<td>677</td>
<td>678</td>
<td>679</td>
<td>680</td>
<td>681</td>
<td>682</td>
<td>683</td>
<td>684</td>
<td>685</td>
<td>686</td>
<td>687</td>
<td>688</td>
<td>689</td>
<td>690</td>
<td>691</td>
<td>692</td>
<td>693</td>
<td>694</td>
<td>695</td>
<td>696</td>
<td>697</td>
<td>698</td>
<td>699</td>
<td>700</td>
<td>701</td>
<td>702</td>
<td>703</td>
<td>704</td>
<td>705</td>
<td>706</td>
<td>707</td>
<td>708</td>
<td>709</td>
<td>710</td>
<td>711</td>
<td>712</td>
<td>713</td>
<td>714</td>
<td>715</td>
<td>716</td>
<td>717</td>
<td>718</td>
<td>719</td>
<td>720</td>
<td>721</td>
<td>722</td>
<td>723</td>
<td>724</td>
<td>725</td>
<td>726</td>
<td>727</td>
<td>728</td>
<td>729</td>
<td>730</td>
<td>731</td>
<td>732</td>
<td>733</td>
<td>734</td>
<td>735</td>
<td>736</td>
<td>737</td>
<td>738</td>
<td>739</td>
<td>740</td>
<td>741</td>
<td>742</td>
<td>743</td>
<td>744</td>
<td>745</td>
<td>746</td>
<td>747</td>
<td>748</td>
<td>749</td>
<td>750</td>
<td>751</td>
<td>752</td>
<td>753</td>
<td>754</td>
<td>755</td>
<td>756</td>
<td>757</td>
<td>758</td>
<td>759</td>
<td>760</td>
<td>761</td>
<td>762</td>
<td>763</td>
<td>764</td>
<td>765</td>
<td>766</td>
<td>767</td>
<td>768</td>
<td>769</td>
<td>770</td>
<td>771</td>
<td>772</td>
<td>773</td>
<td>774</td>
<td>775</td>
<td>776</td>
<td>777</td>
<td>778</td>
<td>779</td>
<td>780</td>
<td>781</td>
<td>782</td>
<td>783</td>
<td>784</td>
<td>785</td>
<td>786</td>
<td>787</td>
<td>788</td>
<td>789</td>
<td>790</td>
<td>791</td>
<td>792</td>
<td>793</td>
<td>794</td>
<td>795</td>
<td>796</td>
<td>797</td>
<td>798</td>
<td>799</td>
<td>800</td>
<td>801</td>
<td>802</td>
<td>803</td>
<td>804</td>
<td>805</td>
<td>806</td>
<td>807</td>
<td>808</td>
<td>809</td>
<td>810</td

Cause Number	G 0284 AND 0286 OF 1991
Court	Grand Court
Judgment Date	1992-Jun-18
Subject	Judgment of Harre J - see also note at 1992?93 CILR Note 7a
Category	Civil (General)
Filename (current)	7BTCFTJ2FCYU1DE608CA0D60A9161FA28FD9FABDCB404C096DDA.pdf
File MD5	ace23ef0a0dba9c96cd650d49e065bed
Source pipeline	csv

BCCI (Overseas) Ltd. and others

Processing-run history (1)