Collett JA, Kerr JA, Zacca JA
IN THE CAYMAN ISLANDS COURT OF APPEAL
HOLDEN AT GEORGE TOWN, GRAND CAYMAN
CIVIL APPEAL NO. 2 OF 1997
(GRAND COURT CAUSE NO. 389 OF 1992)
CERTIFICATE OF THE ORDER OF THE COURT
Appeal from the judgment of the Grand Court dated the 4th day of April 1997.
BETWEEN: (1) INTERNATIONAL CREDIT AND INVESTMENT COMPANY (OVERSEAS) LIMITED (In Liquidation)
(2) FINANCE AND INVESTMENT INTERNATIONAL LIMITED
APPELLANTS/PLAINTIFFS
AND: (1) GHAITH RASHAD PHARAON
(2) PHARAOH HOLDINGS LIMITED
RESPONDENTS/DEFENDANTS
This appeal coming on for hearing on the 4th day of August 1997 and judgment being delivered on the 15th day of August 1997.
Before: The Rt Hon. the President Mr Justice Edward Zacca P.C., O.J.
The Hon. Mr Justice James Kerr, J.A.
The Hon. Mr Justice Gerald Collett, J.A.
In the presence of Mr Lawrence Cohen Q.C. and Mr Huw Moses instructed by Messrs Hunter and Hunter, Attorneys-at-Law for the Appellants/Plaintiffs and the Respondents/Defendants not appearing nor being represented.
I HEREBY CERTIFY that an order was made as follows:
Appeal allowed with costs. Order of Mr Justice Murphy substituted for order as follows:
Amount of damages to be paid is US$2,158,626,583.00. That is US$2,195,788,041.00 less US$37,161,458.00.
Given under my hand and the Seal of the Court this 15th day of August 1997.
Registrar
Cayman Islands Court of Appeal