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High Court Wellington
20 September 1990
Thomas J
20 September 1990
Thomas J
Contract — Guarantee — Loan in US dollars — Debtor's right to convert into other currency — Debtor's entering into forward exchange contract — Whether guarantor liable for consequent loss.
Practice and procedure — Summary judgment — Findings of Judge at hearing of summary judgment application — Effect on the hearing of the substantive proceeding — Whether Judge in that proceeding is bound by earlier findings.
Practice and procedure — Costs — Observations as to factors leading Court to depart from the scale and award costs at a higher level.